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  • Posts Tagged ‘THE ROCK’

    TWO DIAMONDS MAKE €34 MILLION PLUS AT CHRISTIE’S GENEVA

    Wednesday, May 11th, 2022
    THE ROCK AND THE RED CROSS DIAMOND

    Christie’s Magnificent Jewels sale in Geneva tonight achieved a total of CHF68,990,650 / $69,668,694 / €65,939,460, led by The Rock, which sold for CHF21,681,000 / $21,894,082 / €20,722,133. Weighing 228.31 carats, The Rock is the largest white diamond ever to be sold at auction.

    The Red Cross Diamond realised CHF14,181,250 / $14,320,624 / €13,554,068, with a significant portion of the proceeds benefiting the International Committee of the Red Cross. The auction was 98% sold by value and 92% sold by lot, and witnessed global participation with registrants from 20 countries across 4 continents. The next generation of collectors were active with millennial collectors comprising 50% of new registrants to the sale.

    MAGNIFICENT JEWELS AT CHRISTIE’S, GENEVA IN MAY

    Tuesday, April 26th, 2022
    THE ROCK  (228.31 carats)  and THE RED CROSS DIAMOND (205.07 carats). UPDATE: THE ROCK MADE CHF21,681,000 / $21,894,082 / €20,722,133, THE RED CROSS DIAMOND MADE CHF14,181,250 / $14,320,624 / €13,554,068

    The Rock, the largest white diamond seen throughout auction market history and The Red Cross Diamond will lead Christie’s sale of Magnificent Jewels in Geneva on May 11.  The sale will offer a superb selection of historic and modern jewellery, alongside two diamonds that are each considered among the most exceptional gemstones to ever appear at auction. The Rock is estimated at CHF19 million -30 million (€18.58 million – €29.33 million) and The Red Cross Diamond is expected to fetch as much as €10.05 million. 

    The sale includes exceptional tiaras from the 19th and 20th centuries, among them the Fürstenberg Tiara, a pearl and diamond tiara bearing the mark of the famous Austrian jeweller Gustav Flach. It belonged to H.S.H. The Princess of Fürstenberg, née Countess Irma of Schönborn Buchheim (1867-1948), a member of one of the pre-eminent aristocratic families in the Habsburg Empire.  An important selection of Jewels by JAR showcase Mr. Rosenthal’s superior craftsmanship and passion for innovation and design including a sapphire bracelet of 27.37 carats and a pair of multi-gem ‘disc’ pendent earrings.

    (See posts on antiquesandartireland.com for April 12 and March 25, 2022)

    THE LARGEST WHITE DIAMOND EVER AT AUCTION

    Friday, March 25th, 2022
    Rahul Kadakia, Christie’s International Head of Jewellery, with The Rock. UPDATE: THIS MADE CHF21,681,000 / $21,894,082 / €20,722,133

    The Rock, the largest white diamond ever to appear at auction, will come up at Christie’s in Geneva on May 11. Mined and polished in South Africa over two decades ago the 228.31 carat pear-shaped diamond is estimated at $20-30 million. Graded by the Gemmological Institute of America as G colour, VS1 clarity, The Rock is accompanied by a letter from the GIA stating that it is the largest existing D-Z colour pear-shaped diamond ever graded by the laboratory. The previous auction record for the largest white diamond was a 163.41 carat gem, which sold at Christie’s Geneva in November 2017 for US$ 33,701,000.

    Rahul Kadakia, Christie’s International Head of Jewellery said: “The Rock will join the very best of legendary gemstones which have passed through Christie’s global salerooms since 1766. The market for diamonds is particularly vibrant and we are confident that this sensational gemstone will capture the attention of collectors across the globe this Spring season.”