Category Archives: Intresting Facts about Diamonds

Ultimate Emerald Cut (100 Carat / D / IF) to be Sold by Sotheby’s

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.

Described as 'whiter than white' and the 'definition of perfection'

Described as ‘whiter than white’ and the ‘definition of perfection’

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”.

Mined in South Africa and weighed more than 200 carats in the rough

Mined in South Africa and weighed more than 200 carats in the rough

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.

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2013 is a Record Breaking Year Diamond Sales

Here are the highlights!!

The Princie Diamond that sold for $39 million in April 16th

An extraordinary 34.65 carat Fancy Intense Pink diamond set a new record high at Christie’s New York on April 16, selling for $39,323,750 (£25,560,438 / €29,886,050) with premium, or $1,135,000 per carat.

The diamond – a cushion-cut sparkler that originated from the ancient Golconda mines in South Central India — was purchased by an anonymous collector bidding by phone.

The 52-Carat Golconda Diamond Fetches $10.9 Million

The final jewelry auction of the year for Christie’s ended with the sale of a rare 52.58-carat, D-color, internally flawless Golconda diamond for $10.9 million.

Diamonds from the ancient Golconda mines in India are revered for their type, color, and degree of transparency that is rarely duplicated.

$83.2 million


“Ladies and gentlemen, 68 million (Swiss francs) is the world record bid for a diamond ever bid and it’s right here,” Sotheby’s David Bennett said to applause as he brought down the hammer in the Geneva salesroom.
The Pink Star, previously known as “The Steinmetz Pink”, made a record $83 million dollars, including commission fees, $22 million more than expected. This internally flawless, oval cut natural fancy vivid pink diamond weighs 59.6 carats, was cut from a 132ct rough diamond that was unearthed 12 years ago (weighing 132 carats in its rough form)



“It’s a world record price for an orange diamond, it’s a world record price per carat for any colored diamond,” the Christie’s auction house said of the sale.

This 14.82ct pear-shaped diamond broke two world records: the price per carat for any fancy color diamond at auction, and the price for a fancy-vivid orange diamond.

It was expected to fetch a mere $21million, but ended up selling for $36million at Christie’s Geneva Magnificent Jewels Sale in Geneva on 12 November 2013. The total sale price was boosted by another $4.04 million in taxes and commission.

The man who made the purchase swiftly got up and left the room to a round of applause. Christie’s did not reveal his identity.