One of world’s largest flawless pink diamonds unveiled in Dubai

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One of world’s largest flawless pink diamonds unveiled in Dubai

One of the world’s largest internally flawless fancy vibrant pink diamonds, the “Williamson Pink Star,” was unveiled at the Dubai Diamond Exchange by DMCC, the world’s premier free zone and government agency for commodities trade and enterprise (DDE).

The 11.15-carat flawless pink diamond started its roadshow in Dubai, one of the world’s leading diamond trade hubs. It will travel to Singapore and Taipei before being offered by Sotheby’s at a single-lot auction in Hong Kong in October.

Given its exceptional purity and expected price of approximately US$21 million, the Williamson Pink Star diamond has the potential to break existing price per carat records.

Ahmed bin Sulayem, Executive Chairman and Chief Executive Officer, DMCC, said, “From announcing the UAE as the world’s largest rough diamond trade hub to posting record-breaking diamond trade figures for the first half of the year, 2022 has been a monumental year for Dubai’s diamond story. Sotheby’s hosting the first unveiling of such an exceptional pink diamond at the Dubai Diamond Exchange is yet another demonstration of Dubai’s significant role in the global diamond industry.”

The discovery of a gem-quality pink diamond of any size is an extremely rare occurrence, according to Wenhao Yu, Chairman of Jewellery and Watches at Sotheby’s Asia. Prices for top-quality large pink diamonds over 5 carats have increased exponentially over the past few years due to a limited supply and rising demand. BKM/ Expat Media


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