The Pink Star Diamond: A Glimpse into a World of Colorful Extravagance

The Pink Star Diamond: A Glimpse into a World of Colorful Extravagance

Pink Star Diamond: The Apex of Luxury

CTF Pink Star Diamond

// Studio East / Getty Images

A diamond's allure lies not only in its beauty and rarity, but also in its tale. The Pink Star Diamond – a gemstone that represents the epitome of luxury and elegance – boasts an incredible story and astonishing value, making it one of the most extravagant jewels in the world.

Discovering the Gem

Unearthed in South Africa in 1999 by De Beers, the Pink Star Diamond, originally named the Steinmetz Pink, started as an impressive 132.5-carat rough diamond. The world of gemology held its breath as experts painstakingly worked for nearly two years, meticulously cutting and polishing the stone into its current form: a stunning 59.60-carat, oval mixed-cut masterpiece.

A Grade Above the Rest

Pink diamonds are among the rarest in the world, and the Pink Star Diamond stands out even amongst these elusive gems. Graded as Fancy Vivid Pink by the Gemological Institute of America (GIA), the Pink Star possesses the highest grade for colored diamonds. This grading, combined with its internally flawless clarity, places the Pink Star Diamond in a league of its own.

A Record-Breaking Jewel

CTF Pink Star Diamond

// Sotheby's

In 2013, Sotheby's unveiled the Pink Star Diamond to the world, immediately capturing the attention of gem enthusiasts and collectors. However, it was at the 2017 auction where it truly cemented its place in history. After a mere five minutes of fervent bidding, it was sold for an astounding $71.2 million, thereby becoming the most expensive jewel ever sold at auction at that time. The diamond was subsequently renamed the 'CTF Pink Star' in honor of the late Dr. Cheng Yu-Tung, father of the buyer, Dr. Henry Cheng Kar-Shun, the chairman of Chow Tai Fook Jewellery.

The Pink Star's Pervasive Influence

Today, the CTF Pink Star continues to leave a lasting impact on the world of luxury jewelry. It sets the bar for quality, craftsmanship, and sheer extravagance. The diamond's staggering price and enchanting hue have made it a favorite topic among jewelry enthusiasts, gemologists, and historians alike.

The CTF Pink Star's record-breaking sale and vibrant color make it a significant milestone in the history of luxury jewelry. Its extraordinary tale from discovery to auction illustrates the enduring allure of colored diamonds and the unrelenting quest for rarity and beauty.

Pink Star Diamond: A Testament to Luxury and Rarity

The CTF Pink Star represents a rare convergence of quality, color, and size. Its monumental sale underlines the significance of colored diamonds in the global jewelry market and affirms the CTF Pink Star's status as an iconic gemstone, symbolic of luxury, rarity, and unending allure.

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