Tuesday, May 17, 2022
Home Lifestyle Egg-sized diamond fetches over $21M with fees at Geneva sale

Egg-sized diamond fetches over $21M with fees at Geneva sale


Christie’s says “The Rock,” an egg-sized white diamond billed as the biggest of its form to go up for public sale, offered Wednesday for greater than 21.6 million Swiss francs ($21.75 million), together with charges — although on the low finish of the anticipated vary.

The 228-carat pear-shaped G-Color stone, with its platinum pendant mounting, has a gross weight of 61.3 grams (2.2 ounces) and dimensions of 5.4 centimeters by 3.1 centimeters (2.1 inches by 1.2 inches) — making it concerning the measurement of a medium hen’s egg.

G-Color shouldn’t be the very best grade, however fourth on the letter rung beneath the top-grade D-Color diamonds.

An unspecified personal purchaser acquired The Rock, for which the pre-auction estimate was between 19 million and 30 million francs.

Max Fawcett, head of jewellery at Christie’s Geneva, hailed a profitable sale in “uncharted territory” for a stone of its form.

Also going underneath the hammer Wednesday was the “Red Cross” diamond, a 205.1-carat fancy yellow stone, which fetched almost 14.2 million francs, double the pre-sale estimate. The diamond was minimize from a tough stone unearthed from South Africa’s Griqualand mines within the early twentieth century, and went up for public sale for the primary time in 1918.

Fawcett testified to a “huge amount of interest” within the Red Cross diamond, saying that an unspecified “7-figure sum” from the proceeds of the sale to an unspecified personal purchaser can be donated to the worldwide Red Cross Movement, the Geneva-based humanitarian help group.

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