Diamonds

Save E-mail Print Most Popular RSS Reprints

Christie's to auction 101-carat diamond

February 19, 2008

Similar Stories | Topics

Hong Kong—Christie's will put a 101.27-carat diamond on the auction block on May 28 during its spring jewelry sale in Hong Kong.

The gemstone is the largest colorless diamond to appear at auction in 18 years and bidding is expected to exceed $6 million. The winning bidder will have the privilege of naming the stone.

The stone was cut from a 460-carat rough diamond, certified by the Gemological Institute of America as having F color, VVSI clarity and an "excellent" grade in both polish and symmetry.

"Only three colorless diamonds of over 100 carats have ever appeared at auction, all sold in Geneva," Christie's Chairman of Jewelry Francois Curiel said in a statement. "With Asia becoming such a vibrant market, it is fitting that this rarest gem should be offered on May 28 to the growing number of collectors in this region."

The diamond will be unveiled during Christie's Spring Masterpieces Exhibition, scheduled for Feb. 23-27 in London.

Christie's jewelry auctions take place in Amsterdam, the Netherlands; Dubai, United Arab Emirates; Geneva; Hong Kong; London; New York; Paris and Milan, Italy.

The auction house reported jewelry sales of $395 million in 2007, an 11 percent increase over 2006 sales of $355 million.

Other notable diamonds recently auctioned off by Christie's include the 53.71-carat "Dubai Magnificence," a pear-shaped, D-color, flawless-clarity stone sold in New York in December.
Save E-mail Print Most Popular RSS Reprints
Post a Comment
* Required field
* Author:
* Comment:
 

Diamonds

Industry calling for swift action on Zimbabwe

Jewelers of America is calling on the Kimberley Process to fully and quickly implement a work plan to address the serious concerns surrounding Zimbabwe's non-compliance with the Kimberley Process Certification Scheme, the system designed to keep conflict diamonds out of the international trade, and the reported human rights abuses in the Marange diamond fields. Read More

Sotheby's reports record-breaking sales in Geneva
Diamond symposium focuses on 'new normal'
More Diamonds

More Like This

Colorless diamonds move at Christie's auction
April 23, 2009 | National Jeweler Network
JAR jewels to sparkle at next Christie's auction
March 24, 2009 | National Jeweler Network
Christie's to auction blue Wittelsbach diamond
November 04, 2008 | National Jeweler Network
Ponahalo Diamonds sell for $6.3 million
October 16, 2008 | National Jeweler Network
Ponahalo Diamonds sell for $6.3 million
October 16, 2008 | National Jeweler Network
TOPICS
Auctions

advertisement

Video

Small multi video player located on right rail of NJN site

advertisement

Retailer Toolbar

America's Best Jewelers
Join the ONLY Social Network for Jewelry Retailers. Get access to expert content, peer best practices, and more.
Start networking today.
Newsletters
Newsletters
Topic-specific newsletters that deliver the latest news on jewelry, diamonds, wholesale operations and high-volume buying directly to your in-box.
Reader Connect
ReaderConnect
Supplier information presented with every article, bringing you related, actionable content on every topic.
Jewelry Yellow Pages
Yellow Pages
A comprehensive listing of associations, organizations, suppliers and services for the jewelry industry.
Classifieds
Classifieds
A comprehensive listing of job postings, product offerings and other materials for sale for the jewelry industry.
NJN Customer Connect
CustomerConnect
The most sophisticated suite of marketing services available for jewelry retailers, from Internet tools to data marketing.

advertisement