Diamond and jewels auction

709ct ‘peace diamond’ to help Sierra Leone’s poorest

Dakar, Sierra Leone will auction one of the worlds largest diamonds later this year. The intention is for the proceeds to fund development projects, in the community where the stone was discovered, the group managing the auction reported yesterday. 709ct peace diamond The diamond is 709 ct, and has been named the 'peace diamond' due to the benefits its sale would have on the poor community. The impressive stone was found in the Eastern Kono region in March this year, by Christian Pastor Emmanuel Momoh. The pastor handed the stone to Sierra Leones government, in the hope that its sale could fund crucial development in the poverty stricken community. The group managing the auction, Rapapor…click for more

163 carat flawless diamond necklace, unveiled

Flawless diamond A diamond necklace featuring a 163-carat flawless emerald stone has been unveiled today, in Hong Kong. This is the largest of its kind to ever be put up for auction. A rare find The diamond was cut from the 404-carat stone, named the "4 de Fevereiro" discovered in early February 2016 in Angola. The uncut stone was roughly the length of a credit card, and was mined by the Lulo Diamond Project, a partnership between Endiama, Angola's national diamond company, Lucapa Diamond Company, and a private investor, Rosas & Pétalas. Swiss jewellery house De Grisogono bought the rights to the impressive stone, at an estimated $16 million. It is classified as a rare Type II…click for more

The Pink Star diamond

pink star The Pink Star is the world's largest internally flawless fancy vivid pink diamond, with weight of 59.6ct. The stone set a new world record when it sold in 5 minutes for more than $71 Million on an auction in Hong Kong, the BBC reports. The auction winner is the Hong Kong based jewellery store Chow Tai Fook. The Pink Star made its first public appearance in 2003, after being cut by Steinmetz Diamonds. The stone was a part of an exhibition at the Smithsonian National Museum of Natural history, the home of another famous gem - the 45ct Blue Hope Diamond. Later on, The Pink Star was also featured in an exhibition at the Natural History Museum in London. Sotheby's first put the diamond for auct…click for more

The Find Of The Decade

The largest diamond to be discovered in over a decade is due to be auctioned in London next month. It is expected to reach its guide price of £48 million. In its rough form the diamond is the size of a tennis ball, weighing in at an incredible 1,109ct! Named the "Lesedi la Rona" which translates into "our light" in Botwana's tswana language. It is expected to yield the largest top quality diamond that has ever been cut and polished, with a high probability that the diamond will be granted the highest colour grade possible. [caption id="attachment_4153" align="aligncenter" width="390"] Credit: Robb Report[/caption] Looking for something more affordable and wearable? Check our diamond e…click for more

A Rare 122.52 Blue Diamond has sold for $28 Million

Rare blue diamond stone Although under its original estimate the rare blue diamond, discovered by Petra Diamonds has sold for $28 million this week. The gem was discovered earlier this year in June at the famous Cullinan mine in South Africa and was predicted to hit an all time world record in the blue diamond market. Although the gem sold for a significant sum, the total was fell under the $35m to $50m experts were expecting. The chief executive from Petra said the sale was an “excellent sales value for the rough stone”. Petra Diamonds also retained a 15% stake in the stone which will be cut and polished by the buyer before going on sale again – increasing the profits for the diamond mining giants.…click for more

A Rare 122.5ct Blue Diamond Expected to Fetch £60M

Blue diamond Earlier this year we posted about this ‘exceptional’ rare blue diamond mined in the famous South African Cullinan mine. Now the finders, Petra Diamonds are seeking a buyer. The diamond company announced a viewing window for the stone Throughout August and September. The viewings will take place in Johannesburg and appointments can be made via Petra’s marketing and sales manager Greg Stephenson. About the Diamond Not only is this extremely rare stone, blue, the rarest diamond colour, it weighs an impressive 122.5 carats. Petra diamonds have previously sold a 29.6 carat blue diamond for £15million just earlier this year. So if this larger stone achieved the same price per carat it…click for more

The 122 Carat Rare Blue Diamond Discovered in South Africa

Blue diamond This rare 122.52ct blue diamond has been discovered at the famous Cullinan mine in South Africa and will go on sale at the end of this month. The actual stone is the size of a strawberry and weighs the equivalent to three pound coins. The rare blue stone is reportedly worth more than £60 million. The Cullinan mine in South Africa is renowned for producing some of the most rarest and famous diamonds with a blue diamond fetching £508,000 at the start of this year, which gives this stone hope of exceeding the record selling price for rare blue diamond’s like this. According to experts this stone will be extremely popular amongst buyers as its apparently unheard of to find a blue st…click for more

“The Blue” Pear Shaped Diamond Sets a New World Record Selling for £14.1 M

Yellow diamond ring rare “The Blue” – The largest vivid blue flawless diamond in the world has broke records at auction after it sold for £14.1 million earlier this week. The diamond weighs a total of 13.22 carats and has set the record of $2 million per carat for blue diamonds. The auction took place at Christie’s Hong Kong sale room and was described as “absolutely perfect, absolutely pure externally and internally” and like most blue diamond’s of this quality the stone is mined in South Africa. In the past decade just three blue diamond’s of 10 carats and over with the exact same grading have sold at auction, but this one has topped them all. Based on the results of recent auctions selli…click for more

The World’s Largest Blue Diamond Will Hit the Auction Next Month

Worlds largest blue diamond The world’s largest blue diamond is set to go under the hammer in Geneva next month and is expected to fetch a whopping $25 million. The stunning stone is a blue pear-shaped diamond weighing 13.22 carats and has been described by Christie’s as “the largest fancy vivid blue diamond in the world”. The gem is going to be the centrepiece of Christies “Magnificent Jewels” sale in Geneva next month on May 14th, which is comprised of 250 pieces of jewellery that have a total estimate of $80 million after each piece hits the hammer. These other pieces include a 5.5 carat vivid blue-green diamond called “The Ocean Dream” which is estimated to sell for anything up to $9.5 mill…click for more

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