Diamond fetches $33.5m at Christie's auction in Geneva

Lloyd Doyle
November 15, 2017

The colourless diamond was taken from a 404-carat stone found in Angola.

The hammer went down at 29.5 million Swiss francs ($29.7 million), excluding the buyer's premium - around the midpoint of the pre-sale estimates before the auction at Christie's in Geneva.

A team of 10 specialists in NY cut the jewel from a rough 404-carat stone discovered in Angola past year, the biggest diamond ever found in that country.

The finished piece is made from white gold, diamond and emeralds.

Set into an asymmetric necklace designed by de GRISOGONO and offered on 14 November at Christie's in Geneva, this 163.41 carat, flawless D-colour emerald-cut diamond is the largest ever to come to auction. The stone was the largest of its kind ever auctioned.

And it graced the crown of Napoleon I, Napoleon III and Empress Eugenie, among others.

The highlight of that show, also in Geneva, will be The Raj Pink, the world's largest known fancy intense pink diamond, which Sotheby's is aiming to sell for $20-30 million.

Le Grand Mazarin was up for auction for the first time in 130 years, during a sell-off of French crown jewels.

Other reports by Iphone Fresh

Discuss This Article