Sep 112017
 

Portia’s Engagement Ring

On April 16, 2008, Ellen and Portia married.  Portia’s engagement ring was a diamond surrounded by pink diamonds.  It was a symbol of love and not money.  This year this happy couple celebrated nine years of married bliss.  However, Portia would be the first to admit that her pink diamonds are no match for the PINK STAR DIAMOND, which in 2017 has become the world’s most expensive gem.

 

 

Hong Kong:

In this Wednesday, March 29, 2017, photo, the Pink Star diamond, the most valuable cut diamond ever offered at auction, is displayed by a model at a Sotheby’s auction room in Hong Kong. A stunning 59.6 carat diamond known as the “Pink Star” has sold for HK$553 million or $71.2 million at a Sotheby’s auction in Hong Kong, setting a record for any diamond or jewel. It’s Also the highest price for any work ever sold at auction in Asia. (AP Photo/Vincent Yu)

On 4 April 2017 in Hong Kong, Sotheby’s set a new world auction record for any diamond or jewel when the Pink Star, a 59.60-carat oval mixed-cut Fancy Vivid Pink Internally Flawless diamond, sold for HK$553 million / US$71.2 million. The Pink Star was acquired by renowned jeweller Chow Tai Fook, with the winning telephone bid placed by Dr. Henry Cheng Kar-Shun, Chairman of the company. The Pink Star has been renamed CTF PINK STAR in memory of the late Dr. Cheng Yu-Tung, father of the current chairman and founder of Chow Tai Fook, and commemorates the esteemed brand’s 88th anniversary.

The gem was mined in South Africa.   The Gemological Institute of America has described this gem as the “largest flawless vivid pink diamond” in the world.

 

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