Rare Pink Diamond to be Auctioned in Toronto for $3 Million
Amanda Chang — September 24, 2010 — Luxury
References: thestar & bornrich.org
Diamonds are a girl's best friend, and if you can't think of anything to give your pink-loving wife or girlfriend, perhaps you'd consider trying your hand at winning the most expensive Rare Pink Diamond. Set to sell from anywhere between $2.5 million to $3 million, this diamond is truly a gem of a find.
Pretty and definitely extravagant, this little Rare Pink Diamond extraordinaire will be found at the Park Hyatt Hotel on October 3, 2010.
Pretty and definitely extravagant, this little Rare Pink Diamond extraordinaire will be found at the Park Hyatt Hotel on October 3, 2010.
Trend Themes
1. Luxury Jewelry - The Rare Pink Diamond auction demonstrates a continuing demand for high-end jewelry, making an opportunity for jewelry brands to invest in creating new and unique designs for affluent consumers.
2. Alternative Investments - The high value and rarity of the Rare Pink Diamond highlights the potential for individuals to invest in unconventional assets, such as rare jewels or fine art.
3. Social Media Marketing - Jewelry retailers and auction houses could utilize social media platforms to increase awareness and reach potential buyers by highlighting unique gemstones like the Rare Pink Diamond.
Industry Implications
1. Jewelry - The Rare Pink Diamond auction showcases the potential for luxury jewelry brands to invest in sourcing and marketing high-value gemstones.
2. Investment Banking - Asset managers and investment banking professionals could explore opportunities to offer alternative investment solutions, such as fine jewels and rare gems, to wealthy clients.
3. Auction Houses - Auction houses can continue to expand their inventory and offerings by specializing in high-quality and unique gemstones, as demonstrated by the Rare Pink Diamond sale.
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