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Big Money Diamonds: Think Pink - IDEX's Memo

Big Money Diamonds: Think Pink - IDEX's Memo
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Diamonds regain their sparkle as buyers return


© Christie s
Japan’s
sakura cherry-blossom season peaked this year in the city of Kyoto on 26 March, according to Osaka University. That makes it the earliest flowering in 1,200 years. The previous record of a day later had been set in 1409. But for auction houses in Asia rocked by last year’s pandemic, the lucrative spring-sales season can’t come soon enough. Christie’s in Hong Kong is trying to capture a little of the flower power in auctioning off the “Sakura Diamond” on 23 May. With its “perfect display of strong saturation and remarkable pink hue with a secondary colour of purple, [the Sakura Diamond resembles] the fascinating colour of cherry blossoms – appropriately coinciding with spring”, says the auction house.  ....

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