JNA Dec 2018

NEWS JNA | 10 | DEC 2018 Pink Legacy makes history, sells for US$50MAT AUCTION DANISH RETAILER PRESENTS Greenlandic gem-set jewellery A scintillating 18.96-carat fancy vivid pink diamond sold for over US$50 million at Christie’s Magnificent Jewels auction in Geneva and was subsequently renamed The Winston Pink Legacy by its new owners, Harry Winston. Rahul Kadakia, International Head of Jewellery at Christie’s, commented, “The saturation and intensity of this stone is as good as it gets in a coloured diamond. To find a diamond of this size with this colour is pretty much unreal. You may see this colour in a pink diamond of less than one carat. But this is almost 19 carats and it’s as pink as can be. It’s unbelievable.” Most pink diamonds exhibit a colour modifier like purple, orange, brown or grey but the Pink Legacy shows no trace of a secondary colour, according to the auction house. This even colour distribution, combined with a balanced saturation, tone and straight pink hue, qualify the 18.96-carat diamond for the coveted “fancy vivid” colour grading from the Gemological Institute of America. “Only one in 100,000 diamonds possesses a colour deep enough to qualify as fancy vivid and the Winston Legacy set a new record price per carat for a pink diamond,” it added. In the saleroom, fancy vivid pink diamonds of over 10 carats are virtually unheard of – in over 250 years of auction history at Christie’s, only four such stones have ever appeared for sale. The Winston Pink Legacy diamond Hartmann’s jewellery collection adorned with Greenland Ruby gems Hartmann’s Greenlandic rubies and pink sapphires can also be tracked along every step of their journey, from the mine to the store. The brand also supports Greenland Ruby’s Pink Polar Bear Foundation, an initiative created to support international polar research in all disciplines, especially protecting the inhabitants of Greenland, who are affected by climate change. A new collection of jewellery pieces adorned with rubies and pink sapphires from Greenland is gracing the display windows of Danish luxury brand Hartmann’s Jewellery. The collection – which used exclusive gems from Greenland Ruby, Greenland’s only miner of rubies and pink sapphires – features more than 50 pieces of jewellery using a total of approximately 300 carats of rubies and pink sapphires. Designed by Hartmann’s, the prices range from US$1,500 to US$45,000. The collection is currently available in Scandinavia. “Though other designers have worked with our gems, Hartmann’s is the first jewellery brand to create an entire collection,” noted Hayley Henning, Greenland Ruby vice president for sales and marketing. “We’re especially delighted to welcome a Danish retailer as our first full partner, given Denmark’s long relationship with Greenland.” Hartmann’s is known for its diamond expertise. It is one of only three retailers in Europe to carry the title, “Argyle Pink Select Atelier,” for its Argyle Pink Diamond Collection. It is also the sole distributor of Boucheron’s luxury jewellery and timepieces in Scandinavia. Gems from Greenland Ruby meanwhile are mined following strict ethical, social, human rights and environmental laws, and responsible practices.