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Articles from (PAID ONLY) DIAMONDS LOOSE - FANCY COLOR (134 Articles), (PAID ONLY) DIAMONDS LOOSE - FANCY CUT (123 Articles)

The stone topped the previous record set by Harry Winston
The stone topped the previous record set by Harry Winston
 









“Greatest white diamond” lives up to hype

A stone dubbed “the greatest white diamond ever to appear at auction” has lived up to expectations by securing its place in the record books for the highest price paid for a white diamond.

The 118.28-carat D-flawless oval stone sold for HKD$238.7 million (AU$32.5m) at Sotheby’s Hong Kong Magnificent Jewels and Jadeite auction last week. The price tops the previous record of US$26.7 million (AU$29m) for a 102-carat stone that was set only in May this year by jewellery and watch company Harry Winston. 

The anonymous buyer has been described as a “private collector”. 

But while the sale of the white diamond broke a record, the auction house failed to sell the Premier Blue, a 7.5-carat vivid blue stone that was expected to set a record per-carat price for a diamond. 

The diamond was reportedly the largest fancy vivid blue stone ever graded by the Gemological Institute of America. 


As previously reported by Jeweller, chairman of Sotheby’s jewellery division in Asia, Chin Yeow Quek, said that given the two large items on offer he had hoped the sale would set a record for the largest ever jewellery auction. Although the overall sale, totalling US$95.5 million (AU$101m), fell short of this goal, it still set a record for a jewellery auction in Asia. 

The unmounted oval brilliant-cut diamond, weighing 118.28 carats, is shown in different angles
The unmounted oval brilliant-cut diamond, weighing 118.28 carats, is shown in different angles

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Saturday, 21 September, 2019 10:36am
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