Rare Pink Diamond Worth $35 Million to Be Displayed in Dubai

An ultra-rare "bubblegum pink" diamond, valued at $35m and known as The Eternal Pink, is currently on a world tour of millionaire hotspots before it goes under the hammer at Sotheby's Magnificent Jewels auction in New York on June 8. The tour is aimed at generating interest among potential buyers who are super-wealthy. The diamond will stop in Dubai, Singapore, Shanghai, Taiwan and Geneva before the auction.

According to Sotheby's, The Eternal Pink, an Internally Flawless Fancy Vivid Purplish Pink Diamond, is the most vivid pink diamond to ever come to market. It was mined by De Beers at the Damtshaa mine in Botswana and then fashioned into a cushion cut by Diacore's team of artisans over a period of six months.

Sotheby's unveiled the diamond ahead of its tour and described it as "a treasure of nature". The diamond boasts an attractive combination of facets that enhance its pink color to be "sweeter" to one's eyes.

The pink diamond will be in Dubai from May 22 to 26 for potential buyers to examine it closely. Sotheby's said that The Eternal Pink is expected to make a record $35m.

Of all the existing grades of color, "Fancy Vivid", as manifested by this beautiful 10.57-carat stone, is the highest possible for a colored diamond. The modifying color of purple often results in the most charming and vibrant feminine hue that is the dream of many, said Sotheby's.

The Eternal Pink is a stunning example of the high-value items that are sold at Sotheby's auctions. With an extensive history of selling rare, one-of-a-kind items, the auction house continues to attract wealthy buyers from around the world. The Eternal Pink is certainly no exception, and its world tour is generating significant buzz among those who can afford to bid on it.