Geneva: Christie’s says ‘The Rock,’ an egg-sized white diamond billed as the most important of its variety to go up for public sale, bought on Wednesday (May 11) for greater than 21.6 million Swiss francs (USD21.75 million), together with charges – although on the low finish of the anticipated vary.
The 228-carat pear-shaped G-Color stone, with its platinum pendant mounting, has a gross weight of 61.3 grams and dimensions of 5.4 centimeters by 3.1 centimeters (2.1 inches by 1.2 inches), making it in regards to the measurement of a medium hen’s egg. G-Color is just not the best grade, however fourth on the letter rung beneath the top-grade D-Color diamonds.
An unspecified non-public purchaser acquired The Rock, for which the pre-auction estimate was between 19 million and 30 million francs.
Max Fawcett, head of jewellery at Christie’s Geneva, hailed a profitable sale in “uncharted territory” for a stone of its variety.
Also going below the hammer on Wednesday was the “Red Cross” diamond, a 205.1-carat fancy yellow stone, which fetched practically 14.2 million francs, double the pre-sale estimate. The diamond was lower from a tough stone unearthed from South Africa’s Griqualand mines within the early twentieth century and went up for public sale for the primary time in 1918. Fawcett testified to a “huge amount of interest” within the Red Cross diamond, saying that an unspecified “7-figure sum” from the proceeds of the sale to an unspecified non-public purchaser could be donated to the International Red Cross Movement, the Geneva-based humanitarian support group.