Wednesday, May 15, 2024
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Rare pink diamond gets nearly $35 million at auction

This one should fit the famous Marilyn Monroe song.

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A 10.5-carat diamond named the “Eternal Pink” sold at auction Thursday for just under $35 million.

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This gem is extremely rare for achieving the highest grade available for the already uncommon pink diamonds.

It’s also been classed as “internally flawless.”

Pink diamonds have a history of fetching high values, but they’ve soared in the past few years. That’s largely because a mine in Australia that produced most of the world’s pink diamonds closed in 2020.

This one was found by De Beers in Botswana and fetched $34.8 million.

Another pink diamond sold last year in Hong Kong that was less than one carat heavier went for $58 million.

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