Monthly Archives: January 2014

2013 is a Record Breaking Year Diamond Sales

Here are the highlights!!

The Princie Diamond that sold for $39 million in April 16th

An extraordinary 34.65 carat Fancy Intense Pink diamond set a new record high at Christie’s New York on April 16, selling for $39,323,750 (£25,560,438 / €29,886,050) with premium, or $1,135,000 per carat.

The diamond – a cushion-cut sparkler that originated from the ancient Golconda mines in South Central India — was purchased by an anonymous collector bidding by phone.

The 52-Carat Golconda Diamond Fetches $10.9 Million

The final jewelry auction of the year for Christie’s ended with the sale of a rare 52.58-carat, D-color, internally flawless Golconda diamond for $10.9 million.

Diamonds from the ancient Golconda mines in India are revered for their type, color, and degree of transparency that is rarely duplicated.

THE PINK STAR
$83.2 million

Pink-Star-Diamond

“Ladies and gentlemen, 68 million (Swiss francs) is the world record bid for a diamond ever bid and it’s right here,” Sotheby’s David Bennett said to applause as he brought down the hammer in the Geneva salesroom.
 
The Pink Star, previously known as “The Steinmetz Pink”, made a record $83 million dollars, including commission fees, $22 million more than expected. This internally flawless, oval cut natural fancy vivid pink diamond weighs 59.6 carats, was cut from a 132ct rough diamond that was unearthed 12 years ago (weighing 132 carats in its rough form)

THE ORANGE
$36million

Orange-Diamond

“It’s a world record price for an orange diamond, it’s a world record price per carat for any colored diamond,” the Christie’s auction house said of the sale.

This 14.82ct pear-shaped diamond broke two world records: the price per carat for any fancy color diamond at auction, and the price for a fancy-vivid orange diamond.

It was expected to fetch a mere $21million, but ended up selling for $36million at Christie’s Geneva Magnificent Jewels Sale in Geneva on 12 November 2013. The total sale price was boosted by another $4.04 million in taxes and commission.

The man who made the purchase swiftly got up and left the room to a round of applause. Christie’s did not reveal his identity.