Friday, October 19, 2007

Sotheby's to auction most impressive +84ct diamond

Sotheby's Geneva will offer a magnificent84.37 carat, brilliant cut, D flawless, diamond for auction during its Magnificent Jewels in Geneva on November14.

The diamond is the largest brilliant cut diamond of top quality to appear at auction and is estimated at $12-16 million. The diamond has received the highest possible grading from the GIA with the report listing the stone D-color, Flawless Clarity, and Excellent Polish and Symmetry.

Sotheby's stated the impressive diamond doesn't have a name, but the future owner would hold the privilege. Sotheby's Geneva has in the past sold "named" diamonds, including the Star of the Season (100.10 ct.) which was sold for $16.5 million back in May 1995. It remains the most expensive jewel ever to have been sold at auction.

Together with other highlights from the Geneva sale of Magnificent Jewels, the 84.37 ct. diamond will be on view in Hong-Kong October 3-8; Paris October 11-12; New York October 14-17; Rome October 18-19; Los Angeles October 22; London October 24-26; Dubai October 29-30; Bahrain October 31 through November 1; and in Geneva November 10-13.

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