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Famous diamond may sell for US$15m
Source: Agencies |
September 22, 2012, Saturday
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A 76-CARAT diamond billed as one of the most famous in the world is expected to fetch well over US$15 million when it hits the auction block in November, Christie's said yesterday.
The colossal gem, which Christie's said was the finest and largest perfect Golconda diamond ever to appear at auction, is perfect in color and internally flawless.
"The legendary Golconda mines in India produced some of the world's most famous diamonds, including the Dresden green, the blue Hope, and the Koh-i-Noor (in the Royal Collection at the Tower of London)," Rahul Kadakia, head of jewelry for Christie's Americas and Switzerland, said.
The diamond, named the Archduke Joseph Diamond for one of its former owners, is the highlight of Christie's sale of precious gems in Geneva in November, the auction house said in a statement.
Christie's said the diamond's owner wanted to stay anonymous.
Prices for rare, top quality diamonds have soared in recent years, although the expected price would not make the record books. Higher prices attained in recent years include the Wittelsbach Diamond - a 17th century cushion-shaped deep grayish-blue diamond, which sold for US$24.3 million in 2008 at Christie's in London.
Two years ago a 25-carat pink diamond soared to more than US$46 million at Sotheby's in Geneva.
The colossal gem, which Christie's said was the finest and largest perfect Golconda diamond ever to appear at auction, is perfect in color and internally flawless.
"The legendary Golconda mines in India produced some of the world's most famous diamonds, including the Dresden green, the blue Hope, and the Koh-i-Noor (in the Royal Collection at the Tower of London)," Rahul Kadakia, head of jewelry for Christie's Americas and Switzerland, said.
The diamond, named the Archduke Joseph Diamond for one of its former owners, is the highlight of Christie's sale of precious gems in Geneva in November, the auction house said in a statement.
Christie's said the diamond's owner wanted to stay anonymous.
Prices for rare, top quality diamonds have soared in recent years, although the expected price would not make the record books. Higher prices attained in recent years include the Wittelsbach Diamond - a 17th century cushion-shaped deep grayish-blue diamond, which sold for US$24.3 million in 2008 at Christie's in London.
Two years ago a 25-carat pink diamond soared to more than US$46 million at Sotheby's in Geneva.
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