A $ 50 million pink diamond was auctioned in Geneva

Christie's auction sale in Geneva next week will feature a very rare pink diamond weighing about 19 carats and is expected to generate $ 50 million.

According to Christie & # 39; s auction house, the rectangular diamond is the largest pink diamond ever to be auctioned.

The diamond, nicknamed "Pink Legacy", belongs to the Oppenheimer family, which long dominated the Beers, which the diamond industry monopolized worldwide until the late 1950s..

Despite an estimated price tag of $ 30-50 million, Christie & # 39; s expects to attract private buyers from Asia.

One of the distinctive features of this bright pink diamond is that it is rectangular and is usually used with white diamonds,.

In recent years, colored diamonds have become very popular, because the prices of gems in blue and pink violate the record in auctions.