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The Pink Star


wealthymattersThe Pink Star,formerly known as the Steinmetz Pink is a flawless 59.6-carat, oval-cut, pink diamond.It has the highest possible colour and clarity rating from the Gemological Institute of America (GIA)

It was mined by De Beers in Africa in 1999 .It weighed 132.5 carats in the rough, and was cut and polished over a period of two years by Steinmetz Diamonds.This diamond was sold privately in 2007 but neither the price nor the owner was disclosed

It’s very rare to have vivid pink diamonds weighing even five carats so imagine how unique this gem is.

Sotheby’s is to auction this diamond in Geneva on November 13.It is expected to fetch $60m (£38m).

The Pink Star that is over twice the size of the 24.78-carat “Graff Pink” diamond that currently holds the record for the priciest pink diamond at $46.2m,is then expected to become the most expensive pink diamond in the world.

 

The Premier Blue


wealthymattersThe Premier Blue is the largest round fancy vivid blue diamond to have been graded by the Gemological Institute of America, said Sotheby’s. It was sourced from the Premier (formerly known as Cullinan) mine near Pretoria, South Africa, the world’s main provider of blue diamonds.It is a brilliant-cut internally flawless stone, weighing 7.59 carats.

The pigmentation of blue diamonds is caused by the presence of boron atoms. The higher the concentration of that element, the deeper the color.“Fancy Vivid” is the grade with the highest saturation of color,

Colored stones, which account for about 0.01 percent of mined diamonds, dominate the top end of the jewelry market. Their scarcity and aesthetic appeal have triggered record auction prices in recent years, led by the 45.4 million Swiss francs ($45.6 million) paid by the London-based jeweler Graff for a 24.78-carat “Fancy Intense Pink” at Sotheby’s, Geneva, in November 2010. Read more of this post

The Story Of The Most Expensive Coin In The World


wealthymatters.comIn 1933, the President of the United States of America, Franklin D. Roosevelt stopped the coinage of gold and made it illegal to own the metal (although coin collectors could retain their pieces). With one exception, no 1933 double eagles were ever legally released, although some were stolen from the government, and over the years several were recovered.

In the summer of 2002, a 1933 Double Eagle was auctioned off for $7,590,020 , which shattered the old record of $4,140,000 paid at a public auction for an 1804 silver dollar. This piece is unique as the only 1933 double eagle the U.S. government has deemed legal for its citizens to own (having been negotiated as such through terms of a U.S. treaty with a foreign government). Even illegal instances of the 1933 double eagle would be worth hundreds of thousands of dollars, but it would be illegal for a U.S. coin dealer to broker a deal with one of these coins. There is no other date of St. Gaudens double eagle that is worth a significant fraction of this extraordinary coin. In fact, a complete uncirculated set of all other St. Gaudens double eagles could be put together for just over three million dollars (less than half the price paid for the 1933), including the extremely rare, ultra-high relief, proof pattern. Without the rare pattern, the set would be less than $ 750,000. Read more of this post

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