$7.85 million for Majestic Pink Diamond Through a Non-auction Format

by Slamchica August 3, 2012, 13:54

One more impeccable pink diamond has just entered the market, but through a non-auction format. This time, it’s about “Majestic Pink Diamond” – a 12.27 fancy pink diamond, that is being offered by M.S. Rau Antiques in New Orleans. The cushion-cut diamond is mounted on an 18k rose gold and platinum ring, with an asking price of $7.85 million.

Majestic Pink Diamond has characteristics VVS1, Type IIa designation, which make it most sought among collectors. The VVS1 designation translates to “Very, Very Slightly Included,” denoting very high clarity—rare for a colored diamond of this size. Type IIa designation means that diamond is devoid of any imperfections, and is famous for its color.

This $7.85 million worth pink diamond ring will go on display online on the 1stdibs.com website beginning August 8. For all you who prefer to view it personal, it will be on display at the Baltimore Summer Antiques Show, August 23 – 26.

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Written by Slamchica

Aleksandra Arsenovic graduated with a degree in economics and has a master degree in tourism. Since she worked as a travel agent, she has traveled around the world and developed an interest in luxurious hotels and exotic destinations. As a big fashion fan, Aleksandra loves expensive and luxury fashion items. As an editor of Extravaganzi she shares her knowledge about travels, fashion and accessories.