Rare diamond sells for US$34m at Christie’s Geneva auction
A diamond of exceptional allure, renowned as the largest flawless D-colour diamond ever to come to auction, set a new world record when it fetched US$34 million at Christie’s Magnificent Jewels sale in Geneva.
According to Christie’s, the necklace was designed by Fawaz Gruosi, founder of de Grisogono, together with his team of 14 craftsmen. Having created 50 different drafts and devoted over 1,700 hours of effort, a perfect design – an asymmetric necklace with the 163.41-carat, D-colour, flawless, Type IIA diamond at the centre, with 18 emerald-cut diamonds placed on the left side and two rows of pear-shaped emeralds on the right – was made.
Cut from a 404-carat rough, the 163.41-carat diamond was discovered in February 2016 at the Lulo mine in the Lunda Sul Province of Angola.
A further highlight of the Geneva sale was Le Grand Mazarin, a light pink diamond of 19.07 carats, and one of the most famous and important Golconda diamonds in history. It was the final lot of the auction and sold for US$14.5 million.
Le Grand Mazarin is a legendary diamond of historic Royal French provenance, Christie’s noted. The stone has been in the collection of four kings, four queens, two emperors and two empresses. This was the first time that the spectacular diamond has been sold at public auction since the famous sale of the French Crown Jewels in 1887.
The Christie’s Geneva November series of sales achieved a total of US$145 million, attracting over 4,600 visitors to the Four Seasons Hotel des Bergues. This brings the total for Christie’s Geneva auctions in 2017 to US$258.58 million with 27 lots sold for over US$1 million.