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Graff Pink Diamond, Once The Most Expensive Stone

The Graff Pink no longer holds the record for the stone that sold for the most amount of money ever – it was eclipsed in 2013 by the 59.60 carat Pink Star, another pink diamond, which sold for $83 million at auction. But the 24.78 carat Graff Pink did hold that impressive record for three years running after it earned $45.6 million at a Sotheby’s auction in Geneva in November 2010.

 

 

The Sotheby’s sale was quite a coup, as the Pink’s pre-sale price had been estimated at between $27 million and $38 million. The $45.6 million price tag was paid by Laurence Graff, who gave the stone its name. The previous owner, a private collector, owned it for over half a century; he originally purchased it from celebrity jewelry Harry Winston.

 

 

The Graff Pink is emerald cut with rounded corners and is today mounted on a platinum ring, flanked by shield-shaped diamonds on either side. According to the Gemological Institute of America, the Graff Pink is a fancy intense pink type IIa, a category which only 2% of the world’s diamonds can claim.

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