14.83-carat oval modified brilliant-cut fancy vivid purple-pink internally flawless spirit of the rose diamond.
The rough pink diamond that produced “The Spirit of the Rose” diamond was unearthed by Alrosa at the Ebelyakh Mine in the Republic of Sakha (Yakutia), in northeast Russia in July 2017, the largest pink crystal ever mined in Russia, a clear-pink rough diamond weighing 27.85 carats. The diamond was named “Le Spectre de la rose” (The Spirit of the Rose”) after a legendary short ballet of the same name, staged by the Ballet Russes Company and produced by Sergei Diaghilev, premiered on April 19th, 1911 at the famous Théâtre de Monte-Carlo.
The rough diamond was cut and polished at the “Diamonds of Alrosa” cutting factory in Moscow, a process that took nearly one year.
The 14.83-carat pink diamond is one of approximately 10 known pink diamonds ever offered for sale that exceeded 10 carats during the past 10 years. John King, GIA chief quality officer, said in a statement. “In the world of colored diamonds, pink diamonds are some of the most treasured, especially at larger sizes. It’s unusual to see pink diamonds in the market over one carat today. Weighing more than 14 carats is exceptional. The color is an amazing specimen. Being also internally flawless makes it truly a unique stone.”
The diamond also has the benefit of being one of the most sought after colors in the market today, based on the highest prices achieved by pink and blue diamonds at public auctions, a demand that is expected to continue into the foreseeable future, particularly for pinks, given the expected close down of Rio Tinto’s Argyle mine in Australia in 2020, which produces more than 90% of the world’s pink diamonds.