Pink Promise To Be Auctioned At Christie’s HK For US$42 Million

Nothing best expresses love and commitment than diamond engagement rings in Melbourne that embody uniqueness in every aspect. Any women will be immensely pleased to receive a diamond ring of supreme quality. For the male out there, make sure though to take into account the type, cut and quality of the diamond ring you are going to use to make the marriage proposal.

However, there are diamonds that are beyond the powers of an ordinary human to own. For example, the “Pink Promise” which is scheduled for auction at Christie’s in Hong Kong is worth a staggering US$42 million price tag. The Pink Promise is an enormous oval-shaped 14.93 carat pink diamond that forms the centrepiece of a diamond-studded ring.

According to a spokesman from Christie’s the Pink Promise is one of the most important diamonds to be sold because of its colour and clarity. Fung Chiang of Christie’s jewellery department told AFP that a pink diamond is very rare making it extremely valuable. No other piece in their diamond production shares the same unique beauty as the Pink Promise.

Researchers do not understand “exact structural defect” which causes the appealing pink colour. Less than 2% of the diamond production every year produces coloured diamonds. According to Christie’s auction house in Hong Kong, the Pink Promise will go under the hammer on November 8 this year.

Feverish bidding in Hong Kong auction houses was not dented by the ongoing anti-corruption drive in Mainland China. Auction house Sotheby was able to sell an antique 1,000-year old bowl from China’s Song Dynasty for US$7.7 million to an anonymous bidder. It broke the record for Chinese ceramics.

Early this year, “Pink Star” a giant diamond broke the record for gemstones that are sold at auction when it fetched US$71.2 million at Sotheby’s auction house. Chow Tai Fookjewellery chain won the bid for the 59.60 carat diamond.

Love can be expressed through diamond engagement rings in Melbourne that do not cost millions of dollars. An impressive selection of high quality diamond rings is available for affordable price tags. The engagement rings are created from exceptional craftsmanship to make it different from the rings available in the jewellery market.

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