It’s hard to argue when Sotheby calls it Ultimate Emerald Cut Diamond with size of 100.2 ct. color D and internally flawless. Sotheby will auction Ultimate Emerald Cut on April 21st at Magnificent Jewels Sale in New York City; not very often we see a diamond of this size being auctioned.
Gary Schuler, head of the Sotheby’s jewelry department in New York said in a statement “The color is whiter than white, it is free of any internal imperfections, and so transparent that I can only compare it to a pool of icy water”. He describes this 100.2 ct. diamond as “the definition of perfection”
Lisa Hubbard, chairman of North & South America for Sotheby’s International Jewelry Division, said in a statement “It has everything you could ever want from a diamond. The classic shape begs to be worn, while the quality puts it in an asset class of its own”.
Originally mined by DeBeers in Southern Africa, when found it weighed more than 200 ct. in the rough. It took over one year for current owner to study, cut and polish it. Less than one percent of the world’s diamonds are Type IIa, and they are the most valuable of all diamonds.
Ultimate Emerald Cut is expected to fetch between $19 million and $25 million. The diamond will be exhibited in Dubai, Los Angeles, Hong Kong, London and Doha, before returning to New York for exhibition in April.