'The Spirit of the Rose' rare purple-pink diamond up for auction
HYDERABAD: 'The Spirit of the Rose' is one of the world's largest vivid purple-pink coloured diamonds which is mined in Russia. According to the sources, the precious, rare pink diamond will be sold on 17th November at Sotheby's Geneva Magnificent Jewels and Noble Jewels auction. The 14.83-carat Pink diamond was mined by Alrosa, the Russian diamond producer.
It is named as 'The Spirit of the Rose' and its estimation worth in the auction is USD 38 million. The chairman of Sotheby said that the occurrence of the natural pink diamond is rare and only one per cent of Pink diamonds will be larger than 10 carats.