Pink Russian Diamond May Rank Among World’s Most Valuable Gems

  • 14.83-carat gem named The Spirit of the Rose was cut in Moscow
  • The stone may be worth between $60 million and $65 million
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A 14.83-carat pink gem found and cut by Alrosa PJSC is expected to fetch one of the highest prices ever for a diamond when the Russian company puts it up for sale later this year.

The oval stone, named The Spirit of the Rose, has been certified by the Gemological Institute of America as fancy vivid purple-pink with excellent clarity, excellent polish and very good symmetry, said Alrosa spokeswoman Evgeniya Kozenko. The sale is planned for November, she said.