28 Nov 2020
DiamondWorld Directory
Home |
News
Home
One of Earth's rarest wonders, a 102.39ct D colour flawless diamond sold for a bargain price of $15.7 million
Only seven D colour Internally Flawless or Flawless white diamonds over 100 carats* have been sold at auction, making this the eighth. In an unprecedented move, the diamond was offered ‘without reserve’
By: Diamond World News Service
|
Oct 7 2020 10:05AM
|
Reference: 25189  

DecreaseIncrease

The gemstone went to an unnamed telephone bidder. The auction was held online by Sotheby's in Hong Kong due to the pandemic.The diamond was taken from a 271-carat stone which was discovered at a Canadian mine in 2018.

"This stunning diamond is the best of the best when it comes to exceptional white diamonds and it is difficult to overstate its rarity and beauty. Never before has the appreciation for world-class diamonds been so acute in the world and more and more people have come to understand that something billions of years old and of the size of a lollipop can store as much value a Rembrandt self-portrait or a Basquiat. The wider comprehension that as the hardest material on earth, this wonder of nature will outlive us for millions more years, is certainly another factor for the strength of the demand," says GARY SCHULER, WORLDWIDE CHAIRMAN OF JEWELRY.
 
 
Finding a rough diamond that finishes as a polished jewel of over 100 carats and of gem quality is an incredibly rare discovery. The 102.39 diamond was cut from a 271-carat rough, discovered in the Victor Mine, Ontario, Canada in 2018. Following its discovery, the rough was cut and polished over a year by Diacore, world-leading specialists in sourcing, cutting and polishing extraordinary diamonds, to bring out its best brilliance, fire and scintillation.

Perfect according to every critical criterion, this gem has achieved the highest rankings under each of the standards by which the quality of a diamond is judged (‘the four Cs’). The diamond is D colour (the highest grade for a white diamond); of exceptional clarity (it is completely flawless, both internally and externally), and has excellent polish and symmetry, the most sought-after grading for the oval shape category. This gem belongs to the rare subgroup comprising less than 2% of all gem diamonds, known as Type IIa. Diamonds in this group are the most chemically pure type of diamond and often have exceptional optical transparency.

 

 

 

Follow DiamondWorld on Instagram: @diamondworldnet
Follow DiamondWorld on Twitter: @diamondworldnet
Follow DiamondWorld on Facebook: @diamondworldnet
Have Your Say
* Your view
* Name:
* Email:
* Town/city:
* Country/State:
*  Company:
 
*  Name:
 
*  Mobile:
 
*  Email:
 
 
Subscribe for DiamondWorld weekly Newsletter
 
Advertisement
HouseAd_Trade Fair
Search News by City
Advertisement
Kosher 23460
Advertisement
Kosher 23460
Recent Issue
2020
AVAILABLE NOW...!
Advertisement
Kosher 23460
News in Pictures
Videos
Young Diamantaires
Pictures: 16
Stunning Jewellery from Cannes 2019
Pictures: 24
Sparkly Jewels at Oscars 2019
Pictures: 19
Golden Globes 2018
Pictures: 15
Spotted: Who Wore What (December 2018)
Pictures: 4
India Diamond Week
Pictures: 8
Spotted: Who Wore What (October 2018)
Pictures: 7
Spotted: Who Wore What (September 2018)
Pictures: 6
70th Emmy Awards
Pictures: 11
35th India International Jewellery Show 2018
Pictures: 46
JJS - IJ Jewellers Choice Design Awards 2015 powered by GIA
Views: 27844
Diamond World Expert Hour with Evgeny Agureev, Deputy CEO, ALROSA
Views: 2790
GJEPC Chairman Interview
Views: 24584
IJ Jewellers Choice Design Awards 2012 - Part 1
Views: 32373
Promo for IJ Awards 2012 at NDTV Profit
Views: 46508
IJ Jewellers Choice Design Awards 2012- Part 2
Views: 58800
Couture India 2016 - A Business Boutique Show by IJ Magazine
Views: 19034
Savjibhai Dholakiya, Surat Businessman (Diamond Merchant) speaks in Vibrant 2015
Views: 45280
IJ Jewellers Choice Design Awards 2013 - NDTV Video
Views: 43468
Advertisement
Kosher 250300
Member of:
Supporter of: