Monday, 18 November, 2019


'Rarest white diamond ever' to be sold at Sotheby's in London

Sotheby's White Diamond 'Rarest white diamond ever' to be sold at Sotheby's in London
Hannah Rogers | 09 February, 2018, 07:03

The gem is available for private purchase through the Sotheby's Diamonds salon on New Bond Street, and its final sale price is expected to top $30 million-which is the current auction record for a white diamond, set back in 2013 at a sale by Sotheby's Hong Kong.

To date, only seven D-colour diamonds weighing more than 100 carats have ever been sold at an auction, and none of them have been round brilliant cuts. The store will display the diamond to the public on February 8 and 9.

The diamond is the only stone over 100 carats to have been given the highest grades in every criteria by the Gemological Institute of America, which judges a precious stone's quality, Sotheby's said.

The world's rarest and most valuable white diamond is going on display at Sotheby's in London today.

She says that it is up to the buyer whether the sale or price will become public.

Sotheby's White Diamond
102.34 carat Flawless diamond

A statement called the stone the "rarest white diamond ever to come to the market", because of its round shape.

The 102.34-carat white diamond, mined by De Beers in Botswana, is the only known round brilliant-cut gem over 100 carats ideal according to every critical criterion, said Sotheby's.

The Art of de Grisogono was considerably larger at 163 cts., but was an emerald cut. "Elongated cushions, emerald-cuts, and pear-shapes are usually more common for large diamonds".

The diamond was cut from a 425-carat rough mined by the De Beers group in Botswana. It took Diacore six months to cut and polish it.

"The new cryptocurrency will be backed by the diamond turnover on the Israeli market and reflected as an updatable indicator in the salesroom and different retail websites, along with other national and global economic indicators", Israel's Diamond Exchange, which is among the top three largest in the world, said in a statement.

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