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13 March 2013  |  Geneva   |  PRINT  |  PDF
For Immediate Release

RELEASE: The LARGEST D colour FLAWLESS Diamond ever to be offered for sale at Auction 101.73 carats AT CHRISTIE’S GENEVA ON 15 MAY 2013

On 15 May 2013 Christie’s will have the privilege of presenting at auction in Geneva an extraordinary pear-shaped perfect diamond weighing 101.73 carats.

On 15 May 2013 Christie’s will have the privilege of presenting at auction in Geneva an extraordinary pear-shaped perfect diamond weighing 101.73 carats. Offered for sale for the very first time, this sensational gemstone is not only one of the largest pear-shaped diamonds known to date, it is also one of the world’s most perfect diamonds: a D colour, Type IIA Flawless gem. (estimate on request; illustrated above).

Rahul Kadakia, Head of Jewellery, Christie's Switzerland and Americas: Just as a great artist is able to ‘see’ a masterpiece in a block of marble, a perfect diamond is the result of the skill and vision of a master cutter who is able to uncover beauty from a rough gem. On 15 May, Christie's Geneva will offer for sale this wonderful pear-shaped diamond of 101.73 carats, which has literally been sculpted like a work of art. This diamond is in its scale, quality, and rarity one of the most beautiful ‘white’ diamonds Christie’s has ever had the honour of offering for sale.’

ABSOLUTE PERFECTION

Meeting every criteria of perfection, the diamond on offer at Christie's Geneva May auction of Magnificent Jewels has been graded by the Gemological Institute of America with the best colour, D, and the best clarity, Flawless. Its absolute symmetry is a tour-de-force, demonstrating the exceptional skills needed to achieve such a perfect gem. It also benefits from rare brilliance and inner limpidity that is only to be found in the chemically pure Type IIA diamonds, which account for less than 2% of the world’s diamond production.

THE ROUGH DIAMOND OF 236 CARATS WAS FOUND AT THE JWANENG MINE

IN BOTSWANA AND TOOK 21 MONTHS TO POLISH

Out of a total annual worldwide diamond production in excess of 100 million carats, the Gemological Institute of America estimates there are no more than 600 diamond crystals that finish as polished stones between one and two carats and that are D color, flawless clarity. Above ten carats this figure decreases dramatically, at 101.73 carats it is not only an exceptional rarity but a grand event in the world of gems and jewellery.

Establishing a New Legacy at Christie's

The successful buyer of this 101.73 carat superb gemstone will have the privilege of establishing his or her own legacy by endowing this extraordinary diamond with a name, after which the stone will join the ranks of the world’s most illustrious and famous diamonds opening a new chapter in jewellery history.

Notes to Editors:

THE WORLD’S FINEST DIAMONDS

The world’s most famous pear-shaped diamond is the Cullinan I, a colourless, Type IIA stone of 530.20 carats, which forms part of the British Crown Jewels. This is also the largest colourless diamond known.

During the past years, some of the world’s finest gemstones have experienced a surge in demand at auction. Christie’s holds multiple world auction records for the most valuable colourless diamonds.

- The current auction record for a colourless diamond was set by the historical 76.02 carats cushion-shaped Archduke Joseph Diamond when it sold for US$21.5 million at Christie’s Geneva in November 2012.

- In May 2011, a perfectly symmetrical 56 carat heart-shaped diamond, sold for more than $10.9 million becoming the most valuable heart-shaped diamond ever sold at auction.

- In December 2011, Christie’s New York sold the spectacular D-color, 33.19 carat Elizabeth Taylor Diamond ring that the star wore virtually every day since receiving it as a gift from Richard Burton in 1968. This extraordinary jewel fetched US$8.8 million.

 

TOP 5 COLOURLESS DIAMONDS SOLD AT CHRISTIE’S AUCTIONS

 

 

Description

Saleroom / Date

Price Realised

1

The Archduke Joseph Diamond

A cushion-shaped D colour, internally flawless Golconda diamond of 76.02 carats

WORLD AUCTION RECORDFOR A COLOURLESS DIAMOND

Christie’s Geneva

13 November 2012

SFr.20,355,000

US$21,474,525

($280,000 per ct)

2

A heart-shaped D colour, internally flawless diamond of 56.15 carats

WORLD AUCTION RECORD FOR A HEART-SHAPED DIAMOND

Christie’s Geneva

18 May 2011

SFr.9,619,000

US$10,946,422

($195,000 per ct)

3

A pear-shaped D colour, internally flawless diamond pendant of 50.52 carats

Christie’s New York

16 October 2012

US$9,490,500

($188,000 per ct)

4

The Elizabeth Taylor Diamond

A rectangular-cut D, VS1, potentially flawless, diamond ring of 33.19 carats

Christie’s New York

13 December 2011

US$8,818,500

($265,697 per ct)

5

A rectangular-cut D, VVS2, potentially flawless, diamond ring of 50.01 carats, by Graff

Christie’s New York

10 December 2012    

US$8,370,500

($167,400 per ct)

Related Sale Sale 1397
Magnificent Jewels
15 May 2013
Geneva


Related Departments Jewelry



About Christie’s
Christie’s, the world's leading art business, had global auction and private sales in the first half of 2014 that totaled £2.69 / $4.47 billion, making it the highest half year total in Christie’s history. Christie’s is a name and place that speaks of extraordinary art, unparalleled service and expertise, as well as international glamour. Founded in 1766 by James Christie, Christie's has since conducted the greatest and most celebrated auctions through the centuries providing a popular showcase for the unique and the beautiful. Christie’s offers around 450 auctions annually in over 80 categories, including all areas of fine and decorative arts, jewellery, photographs, collectibles, wine, and more. Prices range from $200 to over $100 million. Christie's also has a long and successful history conducting private sales for its clients in all categories, with emphasis on Post-War & Contemporary, Impressionist & Modern, Old Masters and Jewellery. Private sales in the first half of 2014 totalled £498.9 million ($828.2 million).

Christie’s has a global presence with 53 offices in 32 countries and 12 salerooms around the world including in London, New York, Paris, Geneva, Milan, Amsterdam, Dubai, Zürich, Hong Kong, Shanghai, and Mumbai. More recently, Christie’s has led the market with expanded initiatives in growth markets such as Russia, China, India and the United Arab Emirates, with successful sales and exhibitions in Beijing, Mumbai and Dubai.

*Estimates do not include buyer’s premium. Sales totals are hammer price plus buyer’s premium and do not reflect costs, financing fees or application of buyer’s or seller’s credits.

Complete catalogue available online at www.christies.com or via Christie’s Mobile, iPhone, iPad and Android apps.
Contacts
A pear-shaped, D colour, Type IIA, Flawless, diamond of 101.73 carats



Estimate: Estimate on request