Antwerp diamond experts to cut 'exceptional stone’: 37.42-carat pink diamond arrives in Antwerp

‘37.4 carats makes this a remarkable find.  It’s rarely seen in Antwerp,’ says diamond company HB Antwerp.

The company will now examine and cut the diamond so that its pink colour is shown to its best advantage. ‘This is a rare and remarkable find, with an unprecedented intensity of colour.’

‘This stone has the potential to be one of the most important pink diamonds ever cut,’ says Oded Mansori, co-founder of HB Antwerp. ‘The Karowe mine is known for its exceptional stones, but you need expertise like ours to bring out the colour effectively in the final cut.’

Cutting process has a major impact on colour

‘Everything will depend on the quality of the stone and what the colour will be. Certainly with coloured diamonds, the value increases with the intensity of the colour. The cutting process has a major impact on this, but we won't know until the end of the process,’ explains Margaux Donckier of diamond company HB Antwerp.

‘This stone has a pink and a grey part. The grey part will be of lower quality than the pink part. Turning this stone into one large stone is Utopia. Usually, several stones are cut from one rough stone,’ Donckier notes.

Pink diamonds are exceptionally valuable

A few years ago, another pink diamond, “Eternal Pink”, was auctioned for more than 35 million dollars. That was a 10.5-carat stone.

In Hong Kong in 2017, a 59.6-carat diamond, the “Pink Star”, was sold for 71.2 million US dollars. That to date is the highest price ever paid for a diamond. How much this diamond will be worth once it has been cut is not known, but there is no doubt that it will be worth several million euros.