Thursday, October 27, 2011
Round Flawless Diamonds Expected to Sell for $18M At Christie’s Auction
Two loose round brilliant cut diamonds with a color grade of D and a clarity grade of Flawless are expected to sell for a combined $18 million at the Christie’s Hong Kong Magnificent Jewels sale on November 29.
The stones – put up as separate lots – weigh 35.77 and 35.61 carats and are the largest two diamonds of their type ever auctioned.
Both diamonds were originally mined in South Africa and cut by the Steinmhttp://www.blogger.com/img/blank.gifetz Diamond Group. Last year, they were displayed at New York’s Guggenheim Museum.
A statement from Christie’s says that “to find large pieces of colorless rough [diamonds] within the same timeframe represents an extremely rare occurrence… to combine that with the vision to obtain a closely matched pair raises the project to new heights.”