Skip to main content

Who has $60 million to buy The Pink Star diamond?

By Ben Brumfield, CNN
updated 6:04 AM EDT, Wed September 25, 2013
A 59.6-carat pink diamond will be auctioned by Sotheby's in Geneva in November for $60 million (49 million euros).
A 59.6-carat pink diamond will be auctioned by Sotheby's in Geneva in November for $60 million (49 million euros).
STORY HIGHLIGHTS
  • The 59.6-carat pink diamond goes on auction in November, Sotheby's says
  • It is internally flawless, which the auctioneer says is rare
  • Diamond cutters needed two years to cut and polish it

(CNN) -- Strike up that "Pink Panther" theme song and hum along: Da-dum-da-dum, da-dum, da-dum-da-dum-da-dum.

Because the closest thing ever to the fictional Pink Panther diamond that sent bumbling Inspector Clouseau on cinematic goose chases is going under the gavel this year.

And it is expected to fetch the highest price in history for any diamond ever purchased, says auctioneer Sotheby's.

By the time the bidding battle ceases on November 13, in Geneva, Switzerland, the chunk of pink ice known as (drum roll) The Pink Star is expected to be SOLD! for more than 60 million smackeroos.

The fictitious Pink Panther had a flaw that looked like a lunging panther, thus its name. The Pink Star, on the other hand, is flawless. Sotheby's calls it "the largest internally flawless fancy vivid pink diamond that the Gemological Institute of America has ever graded."

That's supposed to be very rare.

The rock the size of the pope's ring is 59.6 carats huge.

It took two years to cut its dozens of facets out of the original raw stone and polish it into its current oval shape.

CNN's Samira Said contributed to this report.

ADVERTISEMENT
Part of complete coverage on
updated 6:49 AM EDT, Fri September 19, 2014
British PM David Cameron has had the narrowest of political escapes.
updated 9:06 PM EDT, Thu September 18, 2014
British journalist John Cantlie hadn't been seen in nearly two years. Now, he's the latest hostage to be paraded out by ISIS.
The burial leader. The hospital gatekeeper. The disease detective. All telling powerful, stories from West Africa.
updated 7:03 PM EDT, Thu September 18, 2014
Alibaba's IPO is unlike anything investors have ever seen and could threaten other online retailers. Maggie Lake reports.
updated 9:30 PM EDT, Sun September 21, 2014
Indian PM Narendra Modi has said al Qaeda will fail if it seeks to spread its terror network into his country.
updated 8:01 AM EDT, Thu September 18, 2014
Put yourself in the shoes (and sixth-century black robes) of ISIS' Abu Bakr al-Baghdadi, the mysterious boss of the terror group.
updated 10:44 AM EDT, Sat September 20, 2014
 Tennis Player Li Na attends the WTA Pre-Wimbledon Party as guests enjoy Ciroc Vodka presented by Dubai Duty Free at Kensington Roof Gardens on June 19, 2014 in London,
Asia's first grand slam singles champion Li Na has called time on her 15-year tennis career.
Jenson Button has some of quickest reactions ever shown at an advanced sports lab.
updated 7:24 AM EDT, Fri September 19, 2014
Creative companies with quirky ideas find new lending models advantageous.
updated 10:09 AM EDT, Thu September 18, 2014
Even death couldn't part two skeletons excavated from a lost chapel in an English county, found with their fingers entwined.
updated 6:07 AM EDT, Fri September 19, 2014
Each day, CNN brings you an image capturing a moment to remember, defining the present in our changing world.
Browse through images from CNN teams around the world that you don't always see on news reports.
ADVERTISEMENT