Sakura diamond sets record as the largest ever to be auctioned, selling for over $29 million


Team Udayavani, May 26, 2021, 3:09 PM IST

A 15.81 carat Sakura diamond, the largest of its kind has broken records selling for $29.3 million (Rs 213 crore). It became the most expensive purple-pink diamond ever sold at auction.

The rare diamond went under the hammer at Christie’s Hong Kong Magnificent Jewels Live Auction on May 23.

The stone is set on a platinum and gold ring. It has been named ‘The Sakura’ after the Japanese word for cherry blossom.

What makes the diamond different is its exceptional rarity, extraordinary optical transparency, brilliant colour, and enormous size.

According to auction house Christie’s, the Sakura’ was bought by an Asian private buyer.

In a statement, Christie’s said, “We are very excited to have marked another important chapter in jewelry auction history today with The Sakura realizing a record-breaking price … continuing Christie’s tradition of offering the finest pink diamonds at auction.”
The statement further added, “As fewer than 10 percent of pink diamonds weigh more than one-fifth of a carat, this fancy vivid purple-pink diamond is of an unprecedented size of 15.81 carats, which is the largest of its kind (Fancy Vivid Purple-Pink) to be offered at an auction.”
Being classed as fancy vivid because of its depth of color and internally flawless,  any blemishes on the diamond are only visible under a powerful microscope.
The auction house said, “This magnificent gem is graded ‘fancy vivid’ for its perfect display of strong saturation and remarkable pink hue with a secondary color of purple, resembling the fascinating color of cherry blossoms — appropriately coinciding with spring.”

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

Former law minister Shanti Bhushan dies aged 97

Economic Survey suggests govt to follow fiscal prudence as low interest rates benefit all

Bridge collapse in Gujarat: Oreva Group MD Jaysukh Patel surrenders before court

AAP setting agenda for Karnataka assembly polls, will fight all 224 seats: Atishi

Political parties seek early end to first half of Budget session: Joshi

Highlights of Economic Survey 2022-23 tabled in Parliament

Need to closely monitor CAD: Economic Survey


Related Articles More

Dalits enter TN village temple for first time in 70 years

Floral paintings of Lata Mangeshkar, Bhimsen Joshi displayed at Pune flower show

Goa: Collector transferred for circular seeking donations for R-Day event

Indian mother-daughter duo’s 26,000 ice cream-stick rangoli enters Singapore Book of Records

Axar Patel ties the knot, starts a new innings with Meha Patel

MUST WATCH

voting boycott continued in mudigere assembly

Kollur Mookambika to get new Ratha after 400years

Villagers election boycott warning for road

Sand art | Malpe Beach Uthsava 2023 | Udupi – Udayavani

Various competitions, activities in Beach Utsava!


Latest Additions

Former law minister Shanti Bhushan dies aged 97

Wrestling row: Babita Phogat joins oversight committee

CAG India takes over chairmanship of audit institutions of G20 nations

Competition among governors as to who is more loyal to PM Modi: Mallikarjun Kharge

Adani Group acquires Haifa port for $1.2 bn, Israeli PM Netanyahu lauds deal as ‘enormous milestone’

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.