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Showing posts with label Diamond Auctions. Show all posts
Showing posts with label Diamond Auctions. Show all posts
This Egg Shaped Diamond Sold for 13.8 Million Dollars as Sotheby's Hong Kong Event.

This Egg Shaped Diamond Sold for 13.8 Million Dollars as Sotheby's Hong Kong Event.


Remember that auspicious 88 carat diamond that was scheduled for an April auction show with Sotheby's? The magnificent, oval-cut D-Flawless diamond eventually sold for 13.8 million dollars (or 156,150 USD per carat). This happened during the Magnificent Jewels and Jadeite Sale held by the esteemed auction house. The stone, now named the Manami Star, was acquired by a private Japanese collector who had named it after his eldest daughter.



The initial estimate price of the diamond was only somewhere between 11.2 to 12.7 million dollars, so the actual sale price actually exceeded many experts' expectations regarding the stone's worth and reception. Such large oval-cut brilliant diamonds are quite rare, even at auction events. Only three oval diamonds over 50 cts have ever been auctioned to date, including this one.

A quote from Sotheby's regarding the stone's illustrious sale reads, “We were thrilled to handle a diamond of such rarity, which now takes its place in the roster of top white diamonds to have come to the market here at Sotheby’s Asia,” said Patti Wong, chairman of Sotheby’s Asia, in a statement. “At 88.22 carats, this lucky stone now carries the name of the fortunate child whose father has chosen to give it her name. A happy moment in the journey of one of the earth’s greatest, oldest treasures.”
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The 18.95ct. Pink Legacy is Estimated to be Worth Around 30 to 50 million Dollars.

The 18.95ct. Pink Legacy is Estimated to be Worth Around 30 to 50 million Dollars.


Of all the fancy diamond colors, pink is one of the most popularly worn among socialites. Its feminine elegance and pastel hue can command such attraction even through the most demure subtlety.



Now it seems there's news of yet another brilliant specimen going to be auctioned by Christie's - Geneva. The 'Pink Legacy', an 18.95ct fancy vivid pink diamond is estimated by experts to fetch around 30 to 50 million USD at auction during its predicted release next month.

(Image & Photography Credit: Christie's)

Large diamonds above 2 carats very rarely possess enough color intensity and saturation to be considered 'Fancy vivid pink'. This natural treasure will be only one of four 'over-ten-carat' specimens to be auctioned during the past 250 years.

Its rarity alone is enough to gather connoisseurs and collectors from around the world to participate in this upcoming event in Geneva (Magnificent Jewels Sale - Nov. 13).





Historical impact also influences this gem's already pristine valuation. It has been traced to the famous Oppenheimer family- a name synonymous with the early development of the natural diamond trade. Headed once by Nicky Oppenheimer, the clan previously owned 40% of the De Beers group, although this was sold to another company back in 2011 for about 5.1 billion USD.

Before its scheduled appearance in Geneva, the 'Pink Legacy' is set to tour around the world- visiting Hong Kong, London and New York. Perhaps the world's elite diamond buyers will be entranced by the gem's scintillating beauty during one of these excursions.
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Supermodel Sara Sampaio Becomes The New Face of Graff Diamonds.

Supermodel Sara Sampaio Becomes The New Face of Graff Diamonds.


Portugese supermodel Sara Sampaio is now the 'Green Lady' of Graff Diamonds. Sampaio, formerly a Victoria's Secret Angel, with an extensive work portfolio that collaborates with big names in fashion- such as GQ, Elle, Vogue and Glamour, has recently been cast as the new campaign face of the world famous diamond house.


In a dazzling ad campaign by the company, Sampaio showcases her natural flair and style in front of renowned photographer Patrick Demarchelier.


A Pair of 50 ct. emerald cut diamonds grace her ears, while she also flaunts a 35 ct. D-Flawless graded diamond ring. Each of the pieces, representative of the classic- yet magnificently large gemstones often portrayed by Graff.


(Editorial Article, Photo credits to Graff Diamonds and Patrick Demarchelier)

In the past, Lawrence Graff has garnered a widespread following for being one of the world's most active bidders on the topic of giant diamonds. Last year, he purchased the 709-Carat 'Peace Diamond' For $6.5 million US dollars and acquired the 1,109-carat Lesedi La Rona diamond, from Canadian mining company Lucara Diamond Corp. (valued at 53 million dollars).


Gemcamp labs do not endorse or recommend any retailer, jeweller or brand. Our news and editorial articles are only for trade updates in both retail and wholesale societies.
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