Rare 38-Million Dollars Pink Diamond Found in Russia

An extremely rare pink diamond was mined in Russia by the famous diamond producer Alrosa.

The diamond is a 14.83-carat diamond cut from the biggest pink crystal ever found in Russia. And according to Gary Schuler, a worldwide chairman of Sotheby’s jewelry pision, it is extremely rare to find a pink diamond that is larger than 10-carats

The pink diamond that was named after the Russian ballet “The Spirit of the Rose” will be auctioned off on November 11th in the Sotheby auction house. It is predicted to cost up to 38-million dollars in the auction especially since the colored diamonds have become a trend between the world’s rich people recently.

It is note worthy that the diamond isn’t just pink colored but actually pink with a faint purple hue. Also, the diamond will firstly be showcased in Hong Kong and Singapore before the auction in Geneva on November 11th.