Tuesday, 7 January 2014

Double Diamond Sale Record

From Princie Diamond that sold for $39million in April, to the internally flawless, Golcondo Diamond, Two more rare diamonds have touched record breaking sale in Geneva, making 2013 a record-breaking year for diamond auctions globally.

Here are the most expensive diamonds sold at auction in 2013.

$83.2 million


"Ladies and gentlemen, 68 million (Swiss francs) is the world record bid for a diamond ever bid and it's right here," Sotheby's David Bennett said to applause as he brought down the hammer in the Geneva salesroom.
The Pink Star, previously known as “The Steinmetz Pink”, made a record $83 million dollars, including commission fees, $22 million more than expected. This internally flawless, oval cut natural fancy vivid pink diamond weighs 59.6 carats, was cut from a 132ct rough diamond that was unearthed 12 years ago (weighing 132 carats in its rough form)


 "It's a world record price for an orange diamond, it's a world record price per carat for any colored diamond," the Christie's auction house said of the sale.

This 14.82ct pear-shaped diamond broke two world records: the price per carat for any fancy color diamond at auction, and the price for a fancy-vivid orange diamond.

It was expected to fetch a mere $21million, but ended up selling for $36million at Christie’s Geneva Magnificent Jewels Sale in Geneva on 12 November 2013. The total sale price was boosted by another $4.04 million in taxes and commission.

The man who made the purchase swiftly got up and left the room to a round of applause. Christie's did not reveal his identity.