A Bulgari Pink of 24 Carats, Held by One Family Since India's Twilight, Heads to Christie's

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Christie's is offering a 24-carat Bulgari-set pink diamond with an $18 million estimate — a stone that hasn't changed hands since a noble family acquired it in India in the 1950s. Single-owner provenance this clean, combined with a Bulgari mount and fancy pink saturation, makes this one of the season's most compelling lots.

There are auction lots, and then there are events. Christie's latest offering sits firmly in the latter category: a 24-carat pink diamond, set by Bulgari, carrying an $18 million estimate and a provenance trail that reads like a postwar romance novel. The stone has remained in a single noble family since it was acquired in India sometime in the 1950s — a period when the subcontinent was still releasing its most extraordinary gems into the hands of collectors who knew exactly what they were looking at.

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