A diamond with H or I color and VS2-SI1 clarity will fit the bill for a beautiful diamond. Most people want a diamond that appears white, with great sparkle and no visible imperfections. When choosing a diamond, we recommend finding the one with the best value. Find this Ring at CustomMade D Color Flawless Diamond Price and Value * The “Sweet Josephine” - a 16.08-carat cushion-shaped fancy vivid pink diamond that sold for $28.5 million at Christie’s Geneva, November 2015.Any guess what this diamond's color and clarity is? It's a 1.02ct G color VS2, proving you don't need the top color and clarity for a great-looking engagement ring. * The “Unique Pink,” - a 15.38-carat fancy vivid pink diamond that sold for more than $31.5 million at Sotheby’s Geneva, May 2016, it was the largest pear shaped fancy vivid diamond ever to come to auction * The “Pink Promise” – a 14.93-carat oval-shaped fancy vivid pink diamond that sold for $32.4 million at Christie’s Hong Kong, November 2017. * The “Winston Pink Legacy” - an 18.96-carat fancy vivid pink diamond that sold for $50.3 million at Christie’s Geneva, November 2018, setting a world auction record of more than $2.65 million per carat for a pink diamond * The “CTF Pink Star” - a 59.60-carat oval mixed-cut fancy vivid pink internally flawless diamond that sold for $71.2 million at Sotheby’s Hong Kong, April 2017, setting a world auction record for a diamond, gemstone and jewel In the past decade, there have been few important sales of fancy vivid pink diamonds of more than 10 carats. The 'Spirit of the Rose' was created from a 27.85-carat clear pink rough diamond unearthed in Russia. “The diamond’s character and immense presence is further enhanced by its perfect cut and oval shape.” “Having the opportunity to offer a large polished pink diamond of over 10-carats and with the richness of color and purity of The Spirit of the Rose is therefore truly exceptional,” he says. Gary Schuler, worldwide chairman of Sotheby’s Jewellery Division, said in a statement that only one percent of all pink diamonds are larger than 10 carats and only four percent of all pink diamonds are graded as fancy vivid, displaying a rich, vivid color. This purple-pink color makes the stone even more special and the estimate of $1.55 million per carat (at the low end) for such a magnificent diamond should attract connoisseurs and collectors.” “It means the color is 50% pink, 50% purple, according to the Gemological Institute of America. “The color purple-pink is rare and pushes the stone towards the red side of the spectrum for colored diamonds,” he says. He adds that its purple-pink color, its exceptional clarity and its fancy vivid color all adds to the value of this 14.83-carat gem. “Pink diamonds are so rare that they account for less than 0.001% of Alrosa’s production volume.” “In the last 10 years, Alrosa has found only four pink diamonds weighing more than two carats and two stones larger than 20 carats,” he says. However, Repellin says that with the closing of the Argyle mine, statement pink diamonds will be increasingly rare. At least two of its projects in Russia are producing colored diamonds, including pinks, and the company says it could potentially satisfy up to 30% of the colored-diamond market. Alrosa said previously that it wants to meet this demand for rare fancy colored diamonds. It currently produces more than 90% of the world’s pink diamonds. The appearance of The Spirit of the Rose at auction also coincides with the expected closure of the Rio Tinto’s Argyle mine in Australia, due to depletion. Driven by limited supply and rising demand, prices for top-quality large pink diamonds have increased exponentially over the past decade.
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