Christie's 101-carat Diamond could Fetch $18m

By John Jeffay / April 20, 2021 / www.idexonline.com / Article Link

(IDEX Online) - A 100.94-carat D-color IF diamond - the largest stone ever cut in Russia - is to be auctioned by Christie's Geneva with a high estimate of $18m.The "Spectacle" (pictured) was cut from a 207.29-carat rough stone unearthed in 2016 at the Zarnitsa kimberlite pipe in the Sakha Republic (Yakutia) - Russia's first ever diamond mine. The Diamonds of Alrosa factory, Moscow, spent a year and eight months preparing and cutting the stone."The emerald shape was chosen as it presented the perfect geometry of the diamond," said Christie's in a statement."Emerald cut is incompatible with any imperfections, as it allows the observer to gaze endlessly into the clear, unobstructed depths of the gem."Viewings take place next month in Taipei and Geneva.  The Spectacle will be offered for sale on 12 May at the Geneva Magnificent Jewels auction (estimate $12m to $18m).

Recent News

Bullish bankers and bearish institutions split on gold forecasts

July 01, 2024 / www.canadianminingreport.com

Gold stocks down on flat metal price and mixed equities

July 01, 2024 / www.canadianminingreport.com

Snowline Gold reports Initial Resource Estimate

June 24, 2024 / www.canadianminingreport.com

Inflation subsiding and rate cuts starting internationally

June 24, 2024 / www.canadianminingreport.com

Inflation rebound continues to reverse

June 17, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok