Monthly Archives: November 2013

WORLDS LARGEST ORANGE DIAMOND SELLS FOR $36M

The world’s largest, vivid-orange diamond ever auctioned shattered a world record this week, selling for more than $35.5 million at Christie’s in Geneva, Switzerland.

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The 14.82-carat diamond, expected to fetch about $20 million, set a world record price per carat for any diamond sold at auction, as well as a world record price for an orange diamond, the auction house said.

The sell comes only a day after the rare oval-cut vivid pink diamond was auctioned for $83 million.

Pure orange diamonds, also named “Fire diamonds” by famous gemologist Edwin Streeter in his book ‘The Great Diamonds of the World’ (1882), are exceptionally rare in nature.

The Gemological Institute of America (GIA) said the deep orange gemstone, found in South Africa, rated at the top of known coloured diamonds, qualifying it as a “fancy vivid.”

Among the very few fancy vivid orange diamonds ever sold at auction, the largest was 5.54 carats. That stone, known as “The Pumpkin Diamond” fetched $1.3 million at Sotheby’s in 1997, selling to Ronald Winston, a son of Harry Winston Inc.’s founder.

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Henry Sapiecha

pink diamonds line image www.worldwidediamonds.info

PINK STAR DIAMOND SELLS FOR A RECORD $83M

There’s a new world record in gemstone sales: $83.2 million for the 59.6 carat Pink Star.

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Sold on Wednesday at a Sotheby’s action in Geneva, the  internally flawless Pink Star was expected to fetch $60 million.

According to Reuters, the man who bought the ring said he was “buying it on behalf of an anonymous person whom he represented.”

The previous record was held by the 24.78-carat Graff Pink, sold in 2010 for $46.2 million.

The ring-mounted Pink Star is the largest flawless pink diamond that the Gemological Institute of America (GIA) has ever graded. It was first shown to the public in 2003 and was later exhibited at the Smithsonian in Washington.

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Henry Sapiecha

pink diamonds line image www.worldwidediamonds.info