Vivid Pink Diamond Could Fetch Millions

Got $5 to $7 million laying around? If so, get yourself to Hong Kong for Christie's 'Magnificent Jewels' auction where jaw-dropping pink, blue, red and yellow diamonds are all on parade.

Colored diamonds are all the rage these days - from pink diamonds to blue and even red. But Christie's is offering some of the most stunning colored diamonds on market for their 'Magnificent Jewels' auction in Hong Kong on December 1^st.

The show will feature more than 250 gemstones and jewels valued at over $33 million, including important diamonds, gemstones and jadeite jewels. Four featured items from a private collection are headlining the event, including the "The Vivid Pink," a 5-carat fancy vivid-pink diamond with potentially flawless clarity set in a ring by Graff ($5-$7 million); a Graff ring featuring a 9.03-carat oval-shaped fancy vivid-yellow diamond ($900k-$1.2 million); a 16.65-carat cushion-shaped Kashmir sapphire ring by Van Cleef & Arpels ($700k-$1 million); and "The Cartier Diamond Love Cuff," a custom, one-of-a-kind creation studded with high-quality diamonds.

Rare blue and red diamonds, Burmese sapphires and impressive jewels from Bulgari and Cartier will also be included in case the sticker shock from the big items gets to be too much.

Get those auction paddle hands ready - but if these prices aren't exactly in your wheelhouse, check out the many colored gemstone styles on Jewelry.com. The perfect excuse to get a head start on those holiday wish lists!