100-carat diamond nabs $14M at auction
by Samantha Ashenhurst | May 17, 2021 10:41 am
[1]Photo courtesy Christie’s
The largest diamond ever cut in Russia has been fitted with a US$14-million price tag.
The internally flawless, 100.94-carat ‘Spectacle’ effectively stole the show when it went under the hammer at Christie’s Magnificent Jewels auction in Geneva last week, selling for $141,000 per carat.
Manufactured from a rough stone mined at Alrosa’s Zarnitsa pipe in Yakutia, the rectangular-cut, D-colour stone was expected to fetch between $13.2 million to $19.8 million.
“Christie’s saw strong bidding from all over the world both online and on the telephone, with clients back in the room for the first time in over a year,” said Max Fawcett, head of the jewellery department at Christie’s, according to Rapaport[2]. “The market demonstrated incredible strength, and prices were strong in both diamonds as well as historic and signed jewellery.”
The sale garnered a total of $63.5 million. To view full results, click here[3].
- [Image]: https://www.jewellerybusiness.com/wp-content/uploads/2021/05/SA_Christies.jpg
- according to Rapaport: https://www.diamonds.net/News/NewsItem.aspx?ArticleID=66388&ArticleTitle=Christie%E2%80%99s+Makes+a+%2414M+%E2%80%98Spectacle%E2%80%99+in+Geneva#:~:text=RAPAPORT...,in%20more%20than%20%2414%20million.
- here: https://www.christies.com/en/auction/magnificent-jewels-20028-gnv/browse-lots?filters=&page=5&searchphrase=alrosa&sortby=lot_number&themes=
Source URL: https://www.jewellerybusiness.com/news/100-carat-diamond-nabs-14m-at-auction/