Economy

Largest Diamond Ever Auctioned Expected To Sell For Up To $35 Million

Largest Diamond Ever Auctioned Expected To Sell For Up To $35 Million”

The colourless diamond was taken from a 404-carat stone found in Angola.

A diamond necklace featuring a flawless 163-carat diamond - the largest of its kind to be auctioned - has fetched $33.5m (£25.5m) at a Christie's event in Geneva.

Sotheby's plans to sell the ring at the Magnificent Jewels auction at the Four Seasons Hotel des Bergues in Geneva on Wednesday.

A team of 10 specialists in NY cut the jewel from a rough 404-carat stone discovered in Angola past year, the biggest diamond ever found in that country.

Some of the world's rarest and most valuable gemstones are up for auction, they all command multi-million dollar price tags, but there is one particular diamond that has become the talk of the town.

But some had expected The Art of Grisogono, which Christie's described as a "masterpiece of unparalleled beauty and exquisite workmanship", to fetch even more.

The pink stone, originally dug out of the ancient mines of Golconda in south-central India, sparkled on the crowns of Louis XV and Louis XVI, who was guillotined during the French Revolution.

Tuesday's sale marked the first time the diamond appeared at auction in 130 years.



Like this

Latest


15 November 2017
Texas A&M reportedly plans to gauge FSU coach Jimbo Fisher's interest
Warchant.com reported in October that the Aggies would have real interest in Fisher once they chose to make a change from Sumlin. Rumors of Fisher's departure have become a near-annual event, with LSU reportedly kicking his tires on multiple occasions.

15 November 2017
Recode: Uber faces U.S. class-action suit for driver sexual assault, violence
The company was banned from New Delhi in 2014 after a driver allegedly raped one of his passengers. The women further claim the company generally misrepresented the safety of taking an Uber.

15 November 2017
HMP Leeds 'murder': Dead inmate had killed baby daughter
Deane had initially told the baby's mother, Karen Bissett, 21, that she had fallen, but broke down when interviewed by police. Deane had admitted to punching and shaking the two-day-old infant because "she would not stop crying", The Mirror reports.

15 November 2017
The Spice Girls are getting back together in 2018 for compilation album
The Spice Girls are inching closer to a full-on comeback, but it's gonna be tough - 'cause Victoria Beckham doesn't wanna be part of it.

15 November 2017
Eagles Sign Veteran Offensive Tackle Will Beatty
Beatty is unlikely to challenge Vaitai for a starting spot, but he could unseat Seumalo as the active backup tackle on game days. The move adds experienced depth at a vital position for the Birds.

15 November 2017
L'émouvant message de Casillas à Buffon — Italie
Sur son compte Twitter, l'actuel 2e gardien du Fc Porto a rendu un vibrant hommage à son homologue, capés à 175 reprises avec la Nazionale , Gigi Buffon.

14 November 2017
Unlock "Justice League" bots with Android Pay
Make sure you've downloaded the latest version of the Android Pay app and added a credit or debit card. Use it to pay for any of your purchases and you'll get the chance to get any of the five.

14 November 2017
Sturgeon demands changes to European Union exit bill
The First Minister wants 38 changes to laws moving powers back from Brussels to Westminster after the split. We oppose Brexit but we understand withdrawal legislation is necessary, so we want to find agreement.

14 November 2017
Eve Joins 'The Talk' as New Cohost
Viewers of The Talk will now get to see a new face on the talk show every weekday! I started recording a few months ago. She has guest-starred on the talk show in recent weeks as well.

14 November 2017
NBC News Fires Talent Booker Following Harassment Claims
Zimmerman was an NBC lifer, having been with NBC News he graduated in 2004 from Wake Forest University, according to his LinkedIn page.



Recommended