Sotheby’s teamed up with two other firms to collectively own the Pink Star diamond, which has been valued at $72 million.
In November 2013, the oval mixed cut, 59.60-carat, fancy vivid pink, internally flawless stone was sold to diamond cutter Isaac Wolf for a world auction record of $83.2 million in Geneva.
The gem was returned to Sotheby’s after Wolf defaulted. “Diacore and Mellen Inc. have acquired an ownership interest in one of the world’s natural treasures: the remarkable Pink Star diamond,” Sotheby’s said in a statement. “The three parties have formally partnered to achieve the value of the 59.60-carat stone, which Sotheby’s holds in its inventory.” No other details, including financial, were disclosed. However, a Sotheby’s annual report published in February 2014 shows the diamond was recorded in the company’s inventory at about $72 million.
It remains the largest internally flawless, fancy vivid pink diamond ever graded by the Gemological Institute of America, Sotheby’s said. Diacore purchased the original 132.50-carat rough and took two years to cut and polish it, the statement added.
Diacore is a diamond manufacturer headquartered in Johannesburg, South Africa. Mellen Inc. is a family-run private jeweler based in New York.
The exceptional diamond was recoverd from a mine in South Africa, originaly named the Steinmetz Pink.
Christie’s will sell the Cullinan Dream on June 9, the 24.18 carat is the largest fancy intense blue diamond ever offered at auction.
The diamond will headline the Christie’s New York Magnificent Jewels auction. Hot on the heels of the May 18 sale of the Oppenheimer Blue, which sold for $57.5 million USD, setting a new record for any jewel at auction.
The sale of the 14.62 ct. Oppenheimer diamond broke an earlier record price for another blue gem, the Blue Moon, which sold for $48.5 million in November and still holds the record for a per carat price. Christie’s has given the Cullinan stone it a $23 – $29 million sale estimate.
The Cullinan is relatively new diamond but is notable for its provenance, It is one of four blues cut from a piece of 122.52 ct. blue rough recovered in 2014 at the legendary Cullinan mine in South Africa.
A blue diamond became the most expensive jewel ever auctioned, setting a record price for a jewel in auction when it sold at hammer for $US58 million ($80 million AUD).
The Oppenheimer Blue, at 14.62 carats, is the largest fancy vivid blue diamond to be auctioned at Christie’s auction in Geneva. The Auctioneers estimated was $US46 million.
The Blue diamond was named after owner, Sir Philip Oppenheimer, whose family controlled De Beers for 80 years before selling a stake in the diamond company to Anglo American in 2012.
Lucara Sells Its 813 Carat Diamond for US$63 Million, the Highest Price Ever Achieved for the Sale of a Rough Diamond.
Lucara Sells Its 813 Carat Diamond for US$63 Million, the Highest Price Ever Achieved for the Sale of a Rough Diamond.
Lucara, is pleased to announce that the exceptional 812.77 carat, Type IIa diamond recovered from the Karowe mine in Botswana in November 2015, has been sold for US$63,111,111 (US$77,649 per carat).
As part of the sale, Lucara has partnered with Nemesis International DMCC, and retains a 10% interest in the net profit received from the sale of the resultant polished diamonds.
The 813 carat diamond has been named, “The Constellation”, in collaboration with our partner. Lucara is a well-positioned diamond producer.
The Company’s main producing asset is the 100% owned Karowe Mine in Botswana.
The rough diamond weighing 9.17 carats was recovered in August 2015, and after weeks of assessment, the Argyle Violet was polished down to a 2.83 carat, oval-shaped diamond.
The exceptionally rare diamond will showcase in June at the 2016 Argyle tender. Rio Tinto says the rare violet diamond, the largest of its kind ever found at Australia’s Argyle mine will be up for sale as part of the annual Argyle pink diamonds tender.
GIA has certified the diamond as a Fancy Deep Greyish Bluish Violet.
The 10.10 carat oval shape, vivid blue diamond flawless diamond sold for $42 Million ( $32 Million USD ) , it took just minutes to hammer at Sotheby’s Hong Kong.
The Vivid Blue diamond named the De Beers Millennium Jewel 4 is one of the De Beers Millennium Jewel collection.
The exceptional diamond recovered at a mine in South Africa is the largest diamond of its kind to appear at auction.
The Diamond was purchased by an anonymous telephone bidder at a record price for a gemstone at auction in Asia.
Christie’s is set to auction the exceptional 14.6 ct Vivid Blue diamond, it could sell for as much as $45 million a new record for a blue diamond.
Blue diamond is one of the rarest and valuable of colours, the colour comes from the carbon bonding with boron.
Only one in ten of all blue diamonds are larger than a carat and fewer have the highest colour rating of vivid. Vivid is the purest blue colour, dark rich, navy blue.
The diamond, called the Oppenheimer Blue, was owned by Philip Oppenheimer, the late chairman of the De Beers diamonds.
Lucapa Diamond Company has recovered the largest recorded diamond ever found in Angola.
The 404.2 carat rough diamond has been confirmed as type IIa D colour, according to Lucapa’s statement.
Lucapa is a listed Australian Securities Exchange company recovered the exceptional rough diamond at Mining Block 8 of the company’s Lulo Diamond Project in Angola.
Mining Block 8 has already produced more than 60 large diamonds since mining August 2015. Previous largest diamond from Lulo was 133.4 carats and the previous Angolan record was set by the 217.4 carat Angolan Star recovered from the Luarica mine in 2007.
Lucapa holds a 40 percent interest in the alluvial diamond mine it operates in Lulo, Endiama has a 32 percent interest and private local partner Rosas & Pétalas holds the remaining 28 percent.
