Rare and extraordinary diamonds have proved to be worthy investments with returns that far outperform most blue-chip stocks. That is what’s driving the competition to land some of the world’s greatest stones. If you’re thinking about diversifying your portfolio, here’s a rock-solid comparison of two triumphant sales.
Pink Legacy |
Lesedi La Rona |
|---|---|
| AUCTION PRICE£40 million | AUCTION PRICE
£42 million |
| THE STATS18.96-carat fancy vivid pink diamond. Only one in 100,000 diamonds receives this high-quality grading. |
THE STATS 1,109-carat rough diamond. |
| THE BUYER
Nayla Hayek, CEO of Harry Winston, bought the stone
|
THE BUYER
Lawrence Graff, founder and chairman of Graff Diamonds
|
| PRICE PER CARAT
£2.10 million (a world record for a pink diamond) |
PRICE PER CARAT
Around £38,000 |
| DISCOVERED
South Africa in 1920. |
DISCOVERED
Botswana in 2015 by Canada’s Lucara Diamond Corp. |
| AS BIG AS A
Grape
|
AS BIG AS A
Tennis ball
|
| CLAIM TO FAME
The largest fancy vivid pink diamond ever offered at |
CLAIM TO FAME
The biggest gem-quality diamond in more than |
| IT WAS MADE INTO
1 ring
|
IT WAS MADE INTO
67 pieces of jewelry—solitaire rings, earrings and pendants
|
| EQUAL TO THE WEIGHT OF
Shoelaces |
EQUAL TO THE WEIGHT OF
The Nike Flex RN |
| COULDA BOUGHT
10,000 purebred Egyptian Arabian horses. |
COULDA BOUGHT
Half of Andy Warhol’s most expensive painting sold. |
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