Popular now
Ramsdens reports record first-half profit as gold price surges

Ramsdens reports record first-half profit as gold price surges

Birmingham to host inaugural Jewellery Biennial in 2027

Birmingham to host inaugural Jewellery Biennial in 2027

Pomellato expands Pentagoni collection

Pomellato expands Pentagoni collection

‘Perfect’ 100-carat diamond could sell for $25m at auction

‘Perfect’ 100-carat diamond could sell for $25m at auction

Register to get free articles

No spam Unsubscribe anytime

Want unlimited access? View Plans

Already have an account? Sign in

A ‘flawless’ 100-carat diamond is expected to fetch between $19m (£12.7m) and $25m (£16.7m) at a Sotheby’s auction in New York

The diamond has been described as ‘perfect’ and joins an elite group of just five comparable-quality diamonds over 100 carats to have ever been sold at auction worldwide.

The D colour, ‘internally flawless’, type IIa stone in an emerald-cut will be the highlight at Sotheby’s Magnificent Jewels auction in New York today, April 21.

Gary Schuler, head of Sotheby’s jewellery department in New York, said: “This 100.20 carat diamond is the definition of perfection. The colour is whiter than white, it is free of any internal imperfections, and so transparent that I can only compare it to a pool of icy water.

“It is the first true emerald-cut diamond over 100 carats to be offered at auction – the most classic of cuts, quietly elegant and very contemporary.”

Since 1990, when Sotheby’s sold the first 100-carat ‘perfect diamond’ at auction, until the most recent example in 2013, the price per carat for these stones has increased from $125,000 (£84,000) to $260,000 (£174,000).

The original rough – weighing over 200 carats – was mined by De Beers in southern Africa.

Previous Post
Goldsmiths’ Company Assay Office hosts second successful student event

Goldsmiths’ Company Assay Office hosts second successful student event

Next Post
Fellows reports successful first monthly watch auction

Fellows reports successful first monthly watch auction

Secret Link