Diamond history was made this week at an auction in Geneva, in which a massive, 18.96-carat pink diamond now named “The Pink Legacy” just sold for a record-breaking $50 million! We know it’s hard to fathom 19 carats, so for size comparison, think about the average engagement ring size in the US, which is around 1 carat. Now multiply that image about 19 times. Yep — we’re definitely impressed.
The Pink Legacy is an extremely rare diamond that is graded as "vivid", the highest rating for a pink diamond's color thanks to its highly saturated hue of blush. According to Fortune, “In general, pink diamonds are among just 2% of all diamonds. In the Fancy Vivid Pink range, fewer than 10% of pink diamonds weigh more than one-fifth of a carat.” The purity of its color makes it even rarer. Pink diamonds, especially of this size, almost always have the secondary coloring of gray, orange, or purple hues. But not the Pink Legacy. Christie's International Head of Jewelry, Rahul Kadakia, said in a statement, "The saturation, the intensity of this stone is as good as it gets in a colored diamond. You may see this color in a pink diamond of less than one carat. But this is almost 19 carats and it’s as pink as can be. It’s unbelievable."
While the size is truly amazing, we agree that the color of this diamond is what makes it so incredible. From the nude-blush of millennial pink to universally flattering coral hues, pink is the official color of self-love. When worn, the color pink is believed to bring about serenity, relaxation, acceptance, and contentment. We’ll take a glass of that!
Don’t worry if you missed your moment with the Pink Legacy — we’ve got plenty of pink diamonds in for much less than $50 million! In fact, we have the absolute best prices in the diamond industry thanks to our specialized sourcing from our in-house lab. Ranging from 0.5 carats to 2.5 carats, we have pink diamonds set in rings and earrings, as well as loose pink stones that can be placed in a custom setting. Each of one of our lab-grown diamonds come with their own independent certification so you can learn all about its unique characteristics and story.
For some of our favorite pink diamonds, check out this stunning 2.5-carat pink-diamond eternity band that is the perfect self-love statement, or take a look at our full collection of loose colored diamonds to find your perfect hue.