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Mega Auction - 16.8 Carat Diamond For $28 Million

cushion shaped Fancy Vivid pink diamond

The 16.08 carat diamond is set as a ring is expected to fetch up to a whooping $28 million. An exceptionally rare cushion shaped Fancy Vivid pink diamond, the largest ever of its kind to go to auction. This diamond will go under the hammer in Geneva on November 10 at Christie's auction house in Geneva.

In almost 250 years of auction history, only three pure vivid pink diamonds of over ten carats have appeared for sale. The fact that only one in one hundred thousand diamonds possesses a color deep enough to qualify as 'Fancy' underscores its absolute rarity.