5-carat fancy vivid pink goes for $9.6M

 

New York--A 5.50-carat fancy vivid pink diamond topped its highest pre-sale estimate by $2 million at Christie’s Tuesday, making it the latest colored diamond to turn in a strong performance at auction. 

The oval-cut, VVS1 stone, expected to garner between $6.5 and $7.5 million, sold to a member of the New York trade for $9.6 million. 

The sale of this oval-cut fancy vivid pink follows the May auction of the “Winston Blue” for $23.8 million at Christie’s Geneva and the sale of the vivid blue-green “Ocean Dream” for $8.6 million, meaning that these three colored diamonds garnered a total of $42 million. 

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