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Rare Pink Diamond Ring Worth Millions Discovered in Family Inheritance

by Priya Shah – Business Editor

Italian Woman Stunned to Discover Family Heirloom‍ is a Million-Euro Pink Diamond

Turin, Italy – A young woman in⁢ Italy received the surprise of a lifetime when a ring inherited from‌ her grandmother was revealed to ⁢be a remarkably rare and valuable​ pink diamond. ⁣What she believed ‍to be a sizable piece of rose ⁤quartz is, in fact, a 3.18-carat ​natural pink diamond set in a classic Bulgari “Trombino” design from the 1970s, and is expected to sell for ‍up to €1.2 million (approximately $1.3 million USD)‌ at an upcoming auction.

The amazing discovery‍ unfolded when the woman brought the platinum ring to‌ the Bolaffi ⁣auction⁣ house⁤ in Turin for evaluation, according‌ to a report in la Repubblica. Expert examination quickly determined the stone was not the common quartz ⁢she’d always known, but ​one of the most sought-after jewels in the world.

A Rare ‌Find: the Value of Pink Diamonds

“A natural pink diamond is already very rare,” explained ⁢Matteo Armandi, President of the Jewelry Department ‌at Bolaffi. “But a pink diamond ‌exceeding three carats is an absolute exception.” The ring’s exceptional value is further enhanced by the presence ⁢of 64 additional diamonds, totaling 1.93 carats, surrounding the central pink stone.

The Bulgari “trombino” ring, ​known for‍ its distinctive design, adds to the piece’s allure and collectibility. the design,popular in the 1970s,is highly recognizable among jewelry connoisseurs.

Auction Details

The extraordinary⁢ ring will be offered for sale⁣ at​ Bolaffi’s Great Jewelry Auction, featuring pieces from the 19th century through the 2000s. Auction house officials estimate the final sale⁣ price will range between €800,000 and €1.2 million (approximately $860,000 – $1.3 million USD).

This unexpected inheritance promises to dramatically change the young woman’s life, turning a cherished family heirloom into a ample fortune.The auction is anticipated to draw critically important interest from collectors worldwide.

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