Right here is why this uncommon purplish-red diamond was offered for INR 20.6 crore!

Here is why this rare purplish-red diamond was sold for INR 20.6 crore!

A brilliant uncommon diamond ring of purplish-red hue of 1.05 carats was lately offered for a whopping worth. It set a world file on the well-known Christie’s public sale in Geneva because it was offered at a whopping worth of USD 2.77 million which interprets into INR 20 crore roughly.

The worth of the uncommon rectangular-cut fancy diamond ring of 1.05 carats, established a home and worldwide file of worth per carat for a diamond of the particular color. The stone is mounted on a platinum and gold ring flanked by two heart-shaped diamonds.

Purple-coloured diamonds are recognized to be the costliest of all diamonds because of their uncommon prevalence. The rationale that brings the color to crimson diamonds has been a subject of debate for a very long time however a number of gemologists have attributed it to the presence of the gliding atoms within the construction of the diamond.

A diamond undergoes huge ranges of stress throughout its formation which alters its atomic construction imparting a specific color to the gem.

The 1.05-carat fancy purplish-red diamond with VS2 readability was purchased by Tiara Gems and Jewelry DMCC owned by Dubai-based Indian expat Ashish Vijay Jain.

“The jewellery business is rising quickly, changing into extra aggressive and should be delicate to shopper sentiment. Amidst the COVID-19 pandemic, there’ll all the time be curiosity for uncommon stones, that are an funding alternative,” he mentioned.

Christie’s Magnificent Jewels public sale on the 4 Season Resort des Bergues in Geneva featured a curated number of historic and trendy jewelry from all intervals in addition to probably the most well-known jewelry homes.

With inputs from ANI

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