This diamond is a brilliant red colour diamond with a triangular cut, and it is the largest diamond of that color. It weighs about 5.11 carats and is currently in the possession of MoussaieffJewellers Ltd. It costs about $20 million.
A STUNNING COLOURED DIAMOND AND DIAMOND RING, BY MOUSSAIEFF DESIGNED AS A FLOWERHEAD, SET WITH A HEART-SHAPED FANCY RED DIAMOND WEIGHING APPROXIMATELY 2.09 CARATS, WITHIN A PETAL SURROUND SET WITH SIX PEAR-SHAPED DIAMONDS WEIGHING APPROXIMATELY 1.07 TO 1.01 CARATS, ACCENTED BY BRILLIANT-CUT DIAMONDS, TO THE SIMILARLY-CUT DIAMOND THREE QUARTER-HOOP, MOUNTED IN 18K WHITE GOLD,
A RARE UNMOUNTED COLORED DIAMOND The modified oval-cut fancy red diamond, weighing approximately 1.42 carats With report 2155749097 dated 7 May 2014 from the Gemological Institute of America stating that the diamond is fancy red, natural color, VS2 clarity With Gem Identification and Authenticity Document 105759 dated 16 April 2014 from Argyle Pink Diamonds stating that the origin of this red diamond is from the Argyle Diamond Mine, Western Australia
A former record breaker in the color diamond world, The Hancock Red is a 0.95-carat Fancy Purplish-Red stone. The diamond was originally purchased at auction in 1956 by Warren Hancock for $13,500. When it was put up for auction again in 1987, it sold for $926,000/carat. The previous per carat record for a diamond was $127,000/carat!