18 Jun 2018
DiamondWorld Directory
Home |
News
Home
The Art of de GRISOGONO ‘Creation 1’ breaks records at Christie’s Magnificent Jewels sale
The necklace achieved a hammer price of CHF 33,500,000 / US$ 33,701,000. The sale breaks the previous record price for a D Flawless Diamond which was US$30,600,000.
By: Diamond World News Service
|
Nov 16 2017 1:06PM
|
Reference: 15811  

DecreaseIncrease

Last night, industry records were broken as Christie’s auctioned de GRISOGONO’s ground-breaking necklace, ‘The Art of de GRISOGONO, Creation 1’, at the landmark Magnificent Jewels sale in Geneva, with the necklace achieving a hammer price of CHF 33,500,000 / US$ 33,701,000.  

This breath-taking masterpiece, designed by Fawaz Gruosi, Founder and Creative Director of de GRISOGONO, features a 163.41-carat Flawless D-Colour diamond, cut from the historical 404-carat diamond.

This was extracted from the Lulo mine in Angola by the listed Australian mining company, Lucapa Diamond Caompany.  This marks a new milestone for de GRISOGONO and is the largest ever emerald-cut diamond offered at auction.  The sale breaks the previous record price for a D Flawless Diamond which was US$30,600,000.

The 404-carat rough diamond was acquired from the Lulo mine by de GRISOGONO’s strategic partner, international rough diamond trader Nemesis, who granted the marketing rights of this incredible stone to de GRISOGONO. This allowed Fawaz Gruosi to guide the process from the cutting of the rough stone to the sublimely luxurious, finished High Jewellery necklace.   The final design was chosen in February 2017, in keeping with de GRISOGONO’s daring creativity, whilst simultaneously being fit for such a significant stone. 14 highly-skilled artisans spent 1,700 hours creating this astonishing necklace.

 This diamond has impeccable credentials, entirely traceable from mine to masterpiece and compliant with the Kimberley Process certification authority. The 163.41 carats emerald-cut diamond has been certified by the GIA, the world’s foremost authority on diamonds, coloured stones and pearls.  

Commenting today, Fawaz Gruosi, said:

“This auction marks a high point for de GRISOGONO and the team that have worked so tirelessly to bring this incredible stone to life in this beautiful piece, Creation 1. This is the largest emerald-cut diamond ever to come to auction and so it was uncharted territory.  I am truly privileged to have had the opportunity to work with a historic stone of such perfection and would thank everyone who has taken part in this beautiful journey from mine to masterpiece.”

As part of a long term commitment that de GRISOGONO’s partner Nemesis  is making towards local communities in mining areas, Nemesis will be donating 1 per cent of the hammer price from the sale of ‘Creation 1’ to the foundation Fundação Brilhante (http://www.endiama.co.ao/en/theendiama-group/brilliant-foundation/brilliant-foundation-the-social-face/49 ).

Fundação Brilhante is dedicated to championing positive social change in the areas surrounding mines in Angola and has committed to using the donation to support the construction of a primary school and health centre in the vicinity of the Lulo mine.

Have Your Say
* Your view
* Name:
* Email:
* Town/city:
* Country/State:
Advertisement
HouseAd_Trade Fair
Search News by City
Advertisement
HouseAd_Trade Fair
Recent Issue
2018
AVAILABLE NOW...!
News in Pictures
Videos
Carat+ 2018
Pictures: 20
Talk of Town - Trillion Cut Diamonds
Pictures: 18
#Cannes2018 Celebs Spotted; Who Wore What? (14th to 20th May)
Pictures: 12
Celebs Spotted: Who Wore What? (7th to 13th May)
Pictures: 13
Celeb Spotting (23rd to 29th Apr): Who Wore What?
Pictures: 3
Celeb Spotting (16th to 22nd April): Who Wore What?
Pictures: 6
Bharat Diamond Sports League
Pictures: 10
Hong Kong Show 2018
Pictures: 21
11th Signature IIJS 2018
Pictures: 65
VOD DUBAI INTERNATIONAL JEWELLERY SHOW 2017
Pictures: 60
JJS - IJ Jewellers Choice Design Awards 2015 powered by GIA
Views: 10457
GJEPC Chairman Interview
Views: 9479
IJ Jewellers Choice Design Awards 2012 - Part 1
Views: 16169
Promo for IJ Awards 2012 at NDTV Profit
Views: 27194
IJ Jewellers Choice Design Awards 2012- Part 2
Views: 30105
Couture India 2016 - A Business Boutique Show by IJ Magazine
Views: 8062
Savjibhai Dholakiya, Surat Businessman (Diamond Merchant) speaks in Vibrant 2015
Views: 28667
IJ Jewellers Choice Design Awards 2013 - NDTV Video
Views: 27623
Advertisement
Kiran Gems
Member of:
Supporter of: