Super rare, purple-pink diamond up for auction, could fetch $38 million

Mined by Russian diamond producer Alrosa, the 14.83-carat diamond was cut from the largest pink crystal ever found in Russia. (AP)
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Updated 12 October 2020

Super rare, purple-pink diamond up for auction, could fetch $38 million

  • The oval gem is named after a Russian ballet ‘The Spirit of the Rose’
  • Pink diamonds are both rare and aesthetically highly prized by collectors

HONG KONG: An extremely rare, vivid purple-pink diamond mined in Russia is expected to fetch up to $38 million when it goes under the hammer on Nov. 11, the auction house Sotheby’s said on Monday.
The oval gem, which is named after a Russian ballet ‘The Spirit of the Rose’, is the largest of its kind to be offered at auction. The trend for colored stones has increased as an asset class by the super-rich in recent years.
Mined by Russian diamond producer Alrosa, the 14.83-carat diamond was cut from the largest pink crystal ever found in Russia, Sotheby’s said.
“The occurrence of pink diamonds in nature is extremely rare in any size. Only one percent of all pink diamonds are larger than 10-carats,” said Gary Schuler, worldwide chairman of Sotheby’s jewelry division.
Naturally colored diamonds occur because they possess a particular lattice structure that refracts light to produce colored, rather than white, stones.
Pink diamonds are both rare and aesthetically highly prized by collectors, analysts say.
The gem is being shown in Hong Kong, Singapore and Taipei before being auctioned in Geneva on Nov. 11.


Black leopard mauls man who paid to have pictures taken

Updated 30 October 2020

Black leopard mauls man who paid to have pictures taken

DAVIE, Florida: A man was mauled by a captive black leopard in a backyard zoo in South Florida, wildlife officials said.
The man paid $150 for a “full contact experience” with the black leopard, which allowed him to play with it and take pictures, WPLG reported.
A report by the Florida Fish and Wildlife Conservation Commission says the incident happened Aug. 31 in Davie, which is near Fort Lauderdale.
The agency charged the owner with allowing full contact with an extremely dangerous animal and was cited for maintaining captive wildlife in an unsafe condition.
The owner runs a licensed animal sanctuary for rare and endangered animals at the home, WPLG reported.
The man was attacked as soon as he entered the leopard’s enclosure. The injuries were so severe that his scalp was “hanging from his head and his right ear was torn in half,” the report said.
He required multiple surgeries, according to the TV station.