Sotheby’s Geneva 17th May Sale of Magnificent & Noble Jewels to Present an Important Pink Diamond

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GENEVA.- Sotheby’s Geneva announces that it will present an important pink diamond, weighing 10.99 carats in its sale of Magnificent & Noble Jewels on 17 May 2011 six months after the record breaking sale of the ‘Graff Pink’ – the most expensive diamond and jewel ever sold at auction*. Commenting on the forthcoming sale, David Bennett, Chairman of Sotheby’s Jewellery Department for Europe and the Middle East said: “I do not remember the market for coloured diamonds to have ever been as strong as it is today. This was underlined by the unprecedented results of our last November sale and undoubtedly influenced the owner’s decision to sell this beautiful pink diamond which has not appeared on the market for over 30 years”. This superb stone, mounted as a ring, has been graded “fancy intense pink”, natural colour and VS1 clarity by the Gemological Institute of America. It has been fur