Christie’s will show some quite unique Fancy Color Diamonds in about two weeks in Hong Kong.
Let’s review the list of items to be showcased in order of highest valued to lowest. What is most important to remember is that value that we can get for the investment. This means considering rarity and objectives by the investor. Knowledge is key here, and I always recommend you have a professional review the items on your behalf and to give you another opinion as to valuation.
The highest valued Fancy Color Diamond is the pair of earrings with the blue diamonds. The perfect pair of 3.29 carat each and Internally Flawless as well (GIA 2201325021 and 2205357721) are valued between $3.2 million and $4.4 million or $486k to $669k per carat. This is a fair valuation considering the rarity of the pair.
Next is the 4.90 carat, Fancy Intense Pink Diamond with a VS1 clarity (GIA 5192291260). Christie’s valuation stands between $3.2 million to $4.5 million or $653k to $918k per carat. This diamond should be selling towards the lower end of the valuation level.
A 2.25 carat Fancy Intense Blue Diamond with an SI1 clarity (GIA 5212130508) is estimated to sell between $650k to $1 million or $289k to $444k per carat. This valuation is quite low even with a low clarity. It should be selling at the higher end of the value and surpass it.
A 1.04 carat, Fancy Deep Purplish Pink diamond with a VS2 clarity (GIA 5211009396) is being offered by Christie’s for between $150k to $230k or $144k to $221k per carat. The value given is slightly undervalued and most likely it is to create a buzz or major bidding war. There is also a possibility that the diamond can be re-polished and either be upgraded to a Fancy Vivid Purplish Pink or even a Fancy Purplish Red. In either case if an expert sees them properly and can identify the potential then we will see the price go up fairly quickly. In the case of a Vivid Pink with a VS2 clarity the price should be in the $350k to $500k. In the case of a potential red, the bidding will go even further up to the tune of $750k per carat or more. What will decide is the potential of the diamond remaining above 1.00 carat after the polishing or below. It is still a risky move and should be considered by experts only. Therefore I think that the buyer will end up being a dealer and expert in re-polishing…
The 1.36 carat Fancy Intense Pink Diamond with the SI2 clarity (GIA 5211008883) is estimated to sell between $190k to $320k or $140k to $235.3k per carat. It is quite a large spread in valuation.
Looking forward to the results…
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