Spirit of the Rose: Another Priceless Diamond For Sale

15/10/2020 07:57

On November 12, Sotheby's will have another exceptional diamond for sale, with the 14.83ct fancy vivid purple pink elegantly named "the Spirit of the Rose", after the Russian ballet by Niijinsky. The rich pink is one of the largest in its kind and was discovered in Yakutia almost three years ago by Russian mining giant Alrosa. Expectations for the unique diamond are high, with estimates as high as US$38 million. Pink diamonds are extremely rare, even more so as the world's main source of the precious diamonds, the Argyle mine, is set to close later this year.