The Pink Legacy Diamond breaks records at auction

**The Pink Legacy, a Fancy Vivid Pink cut-cornered rectangular-cut diamond of 18.96 carats. Sold for CHF 50,375,000 on** **13 November in the Magnificent Jewels sale at Christie’s in Geneva** **- Image courtesy of Christie’s**

The Pink Legacy a 18.96 carat rare fancy vivid pink emerald cut vs1 diamond type IIa, sold at Christie's Magnificent Jewels auction on November 13th, 2018, the marvelous rare pink diamonds was purchased by Harry Winston. The New York based retailer claimed by the Swatch Group set a world record cost for the 18.96-carat extravagant clear pink jewel, buying it for 50,375,000 Swiss Francs, about the comparable to $50-million. Instantly after the deal, Harry Winston's CEO Nayla Hayek, girl of the late Swatch author Nicolas Hayek, renamed the stone The Winston Pink Legacy.

The phenomenal diamond once claimed by the Oppenheimers, the family behind the DeBeers precious stone organization.

Article information courtesy of Christie’s

auction diamondsL.J. West DiamondsNovember 19, 2018pink diamonds, pink legacy diamond, rare diamonds, art of nature pink diamonds