The Pink Star Diamond Story

In the world of gemstones, diamonds reign supreme. Among them, colored diamonds are the rarest and most coveted. Among colored diamonds, one particular gemstone stands out as the pinnacle of beauty and luxury—the Pink Star Diamond. Its journey from the depths of the Earth to the auction houses has been nothing short of extraordinary. In this article, we delve into the captivating tale of the Pink Star Diamond, tracing its origins, discovery, transformation, and record-breaking sales that have made it one of the most celebrated gemstones in the world.

Chapter 1: The Origin of Rarity

The Pink Star Diamond is known scientifically as the “CTF Pink Star” and was initially mined in South Africa by De Beers. It began its existence as a rough diamond, hidden deep within the earth’s mantle. The geological processes that lead to the formation of pink diamonds are exceptionally rare, making these gems among the most sought-after in the world.

Pink diamonds, including the Pink Star, get their exquisite color from a unique arrangement of their carbon atoms and the immense pressure they endure during their formation. In the case of the Pink Star, this natural wonder resulted in a stunning oval-cut diamond weighing a colossal 59.60 carats.

Chapter 2: The Art of Transformation

The transformation of the Pink Star Diamond from a rough stone to its current state is a testament to human skill and dedication. Cutting and polishing such a rare and valuable gem is a laborious and delicate process. It took over two years for a team of experienced gem cutters to reveal the inner beauty of this diamond.

The cutting process, which is as much an art as a science, aimed to maximize the diamond’s brilliance, color, and symmetry while minimizing any imperfections or inclusions. The final result was a radiant and vivid pink diamond, a true marvel of nature and human craftsmanship.

Chapter 3: The Pink Panther Saga

After its transformation, the Pink Star Diamond made its debut under the name “The Pink Panther.” This reference to the famous cartoon character added an element of charm and intrigue to the already captivating gem. The Pink Panther Diamond was showcased around the world, gaining recognition not only for its rarity but also for its vibrant, captivating hue.

Its fame was further elevated by its appearance in museums, exhibitions, and its occasional appearances on the market. The Pink Panther Diamond became synonymous with luxury and was featured in headlines around the world. Its unique charm and the aura of mystery around it contributed to the diamond’s remarkable journey.

Chapter 4: The Auction Spectacle

In 2013, the Pink Star Diamond made its first appearance at an auction when it was set to be sold at a Sotheby’s auction in Geneva. The anticipation and excitement surrounding the event were palpable. Bidders from around the world gathered, eager to acquire this exceptional gemstone.

As the auction unfolded, the Pink Star Diamond’s price soared, reaching an astounding $71.2 million. The winning bid came from a renowned Hong Kong jeweler, Chow Tai Fook, who subsequently renamed the diamond the “CTF Pink Star” in honor of the company’s founder, Dr. Cheng Yu-tung.

The Pink Star’s sale at that time set a world record for the most expensive diamond ever sold at auction, a testament to the rarity and desirability of this exquisite gem.

Chapter 5: The Blue Moon Challenge

The Pink Star Diamond’s reign as the world’s most expensive diamond was short-lived. In 2017, another exceptional diamond, known as the “Pink Star of Hong Kong,” stole the spotlight. The Pink Star of Hong Kong is a 59.60-carat oval-shaped pink diamond, also known as the Pink Star, which was sold by Sotheby’s for a staggering $71.2 million.

This event once again brought the Pink Star Diamond into the limelight, reigniting the fascination with this remarkable gemstone. It was a reminder that the beauty and rarity of colored diamonds, especially pink ones, continue to captivate collectors and investors.

Chapter 6: The Return of the Pink Star

In 2017, the Pink Star Diamond returned to the auction scene, but this time under the auspices of Sotheby’s, which organized a second auction for the gem in Hong Kong. The auction house was determined to do justice to the Pink Star’s extraordinary value, marketing it as a piece of art and natural history.

This time, the Pink Star surpassed all expectations and broke records once again. The winning bid, which remains undisclosed, was estimated to be in the range of $71.2 million. The buyer of this remarkable diamond chose to remain anonymous, adding an air of mystery to the Pink Star’s story.

Chapter 7: The Enigmatic Owner

Despite the Pink Star Diamond’s repeated public appearances and impressive sales, its current owner remains shrouded in secrecy. The identity of the anonymous buyer who secured the Pink Star in 2017 has not been disclosed. This mysterious figure, whose connection to the diamond world remains unknown, continues to be the guardian of this incredible gem.

Chapter 8: Beyond the Price Tag

The Pink Star Diamond’s story is a testament to the enduring fascination and value of rare, colored gemstones. While its record-breaking price tags have been the highlight, there is more to this diamond than its financial worth. Its journey from the depths of the Earth, the meticulous craftsmanship that revealed its beauty, and its repeated appearances on the auction block speak to the deeper human connection with the natural world and our quest for the extraordinary.

The Pink Star Diamond is more than just a gem; it is a symbol of the beauty, rarity, and allure of the natural world. It continues to captivate, inspire, and remind us of the wonders that lie beneath the Earth’s surface. In its enduring mystique, the Pink Star Diamond’s story is far from over.


The Pink Star Diamond’s journey from the depths of the Earth to the auction houses of the world is a remarkable tale of rarity, transformation, and allure. Its extraordinary value and striking beauty have made it a symbol of luxury and fascination, captivating the hearts and minds of collectors, investors, and gemstone enthusiasts alike.

As the Pink Star Diamond continues to command attention and astonish with its price tags, it remains a timeless representation of the enduring appeal of nature’s wonders and human craftsmanship. Whether it continues to shine in the public eye or remains hidden in the hands of its enigmatic owner, the Pink Star Diamond story is one that will be celebrated for generations to come.