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    Harry Winston Pink Diamond Goes for $17.4 Million

    Written by Investing News Network
    |
    May. 30, 2012 03:35PM PST

    Forbes reported the largest round fancy intense pink diamond to ever appear at auction sold for $17.4 million at Christie’s Hong Kong Magnificent Jewels sale Tuesday.

    Forbes reported  the largest round fancy intense pink diamond to ever appear at auction sold for $17.4 million at Christie’s Hong Kong Magnificent Jewels sale Tuesday.

    As quoted in the market news:

    Known as the “Martian Pink,” the extremely rare diamond was owned by a private collector. It was purchased from Harry Winston in 1976—the same year, the United States launched its first satellite on a mission to Mars: The Viking Landers. Ronald Winston named the diamond to honor the historic event. It sold for approximately $1.5 million per carat. Its estimate was $8.4 million to $12.3 million. The diamond is mounted on a size-7, 18k gold ring.

    Click here to read the full Forbes report.

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