Friday, 20 July, 2018


Largest Diamond Ever Auctioned Expected To Sell For Up To $35 Million

Largest Diamond Ever Auctioned Expected To Sell For Up To $35 Million Largest Diamond Ever Auctioned Expected To Sell For Up To $35 Million
Conrad Doyle | 15 November, 2017, 05:32

This marks "a new world-record price for a D colour diamond at auction", Rahul Kadakia, auctioneer and head of Christie's worldwide jewels division, told AFP.

Originally it was part of a 404-carat rough stone, that was the largest diamond ever discovered in southwest Africa. The item is expected to fetch at least $30m (£23m) at auction.

The necklace is made of 18 diamonds on one side and two rows of pear-shaped emeralds on the other.

The diamond, the centrepiece of an asymmetric gem-studded necklace designed by Fawaz Gruosi, founder of Geneva jeweller De Grisogono, exceeded the auction house's expectation of US$25 million.

Another highlight of Tuesday's auction, a large pink diamond once set in the crowns of numerous French kings and emperors, including Napoleon, meanwhile sold for far more than the $6-9 million estimate.

The buyer's identity has not been revealed.

The white, matchbox-size "Creation 1" diamond from Swiss jeweler de Grisogono weighs a whopping 163 carats.

Le Grand Mazarin was up for auction for the first time in 130 years, during a sell-off of French crown jewels.

On Monday a diamond known as the Pink Star sold for a record $83m (£52m) at auction in Geneva.

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