De Beers has announced that it has successfully tracked 100 high-value diamonds along the value chain during the pilot of its industry blockchain platform, marking the first time a diamond’s […]
Sotheby’s will be presenting ‘The Raj Pink’, the world’s largest known Fancy Intense Pink diamond, weighing 37.30 carats. It will headline the auction house’s Magnificent Jewels and Noble Jewels sale in Geneva on November 15.
“The discovery of any pink diamond is exceptional, but the Raj Pink’s remarkable size and intensity of colour places it in the rarefied company of the most important pink diamonds known,” says David Bennett, Worldwide Chairman of Sotheby’s International Jewellery Division.
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Fancy diamonds are considered to be true works of art, comparable only to priceless paintings and other items that elude conventional valuation standards: their value is the result of a series of factors determining a unique price that cannot be obtained with a sterile calculation.
The forecasts by the World Gold Council, in the Metals Focus Database of Mines, suggest irreversible trends: extracting gold, just like extracting diamonds, will be increasingly costly and difficult.
Sotheby’s sold a pair of pear-shaped diamond earrings at a hammer price of about $51 million Tuesday, though the 14.54-carat flawless Fancy Vivid Blue diamond that was the auction’s highlight fell short of the expected range. Apollo sold for $42.1m while Artemis went for $15.3m. But the earrings sold some way below their estimated prices of $70m.
The 16-carat "Artemis Pink" is near identical in shape. It is also one of the world’s most "chemically pure" diamonds, according to the Gemological Institute of America, which experts say gives the stone such a high degree of transparency.
Christie’s auction of Magnificent Jewels on May 17 at the ultra-luxe Four Seasons des Bergues hotel in Geneva will feature La Légende, a 92-carat D color Flawless heart-shaped diamond pendant signed by Boehmer et Bassenge.
La Légende is a diamond and cultured pearl necklace set with a 92.15-carat heart shaped, D color, Flawless diamond pendant. Suspended from a cultured pearl sautoir, it has a pre-sale estimate of $14 million-$20 million and will be the largest D Flawless heart shaped diamond ever to be offered at auction.
Maurizio Spoldi, CEO of DSC, Diamond Service Company, is an expert in all fields related to diamonds, including the investments in natural gems: he explains us how this market works
