The world's largest Pink Diamond will be auctioned off on November 15 at Sotheby's Geneva Magnificent Jewels and Noble Jewels. The Auction house estimates that the diamond could be sold for anywhere between $20 million to $30 million. It could go for much more if there are several bidders who are interested in the stone.

About the pink diamond

The size of the diamond is 37.30 karats and was named "Raj Pink" by the owner who prefers to remain anonymous. The name is the Sanskrit word for king. The pink diamond is definitely the king of all pink diamonds and many other diamonds as well.

Any pink diamond is rare, but the size and intense color of the Raj Pink make it exceptional. This particular diamond was discovered in 2015 and has been studied since then. Of course, the original diamond was not in the shape that it is now. The shape was crafted by an expert diamond cutter who fashioned it into what it is today. The Gemological Institute of America has examined the diamond and put its stamp of approval on it based on its shape, size, weight, and bright color.

Other rare diamonds

The Raj Pink diamond surpasses the characteristics of the last pink diamond that was auctioned off at Sotheby's Geneva in November 2010. Its size was much lower. It was a 24.78-carat “Graff Pink.” It is interesting that even though it was smaller, it sold for more than $46.2 million, and the Raj Pink is expected to sell for about $30 million.

Therefore, the price of the Raj Pink seems like a real bargain.

The diamonds that people see most often are colorless. However, diamonds come in all different colors. Diamonds could be black, brown, yellow, green, blue, amber or a combination of these colors. The Raj Pink is puny in comparison to the size of some other diamonds.

The largest colorless stone is called "Star of Africa I" and is 530 karats. The second largest stone, the "Star of Africa II" is 317 karats.

Diamond stones vs. diamond rings

One thing to keep in mind is that uncut diamonds are different from diamond rings such as the Raj Pink that has been cut and fashioned into a diamond ring.

When diamonds are found, they have no shape to them even though they are beautiful. In order for a diamond to be useful, a master cutter carves it into a particular shape so that it can become useful instead of just something beautiful to look at and admire.

The Raj Pink is a huge ring as shown in the picture above. It has a beautiful shape that complements its size and color. It would be interesting to know who the owner of the world's largest pink diamond will be and what the owner intends to do with it.