{"id":124,"date":"2010-11-18T21:58:00","date_gmt":"2010-11-18T21:58:00","guid":{"rendered":"http:\/\/192.168.100.98\/blog\/?p=124"},"modified":"2021-08-03T02:23:17","modified_gmt":"2021-08-03T10:23:17","slug":"most-expensive-diamond-sold-at-auction","status":"publish","type":"post","link":"https:\/\/adiamor.com\/blog\/education\/most-expensive-diamond-sold-at-auction","title":{"rendered":"Most Expensive Diamond Sold at Auction"},"content":{"rendered":"

If Sotheby\u2019s and the diamond community have anything to say about it, the recession is apparently over. At a recent auction in Geneva, Switzerland, a fancy intense pink diamond put up by a private owner hit the block and made a big splash. While it was expected to bring in something in the neighborhood of $30+ million dollars, it exceeded expectations and sold for a whopping $46 million, breaking the record for the highest price for a diamond at auction<\/strong><\/a> to date (and considerably bumping up the overall take for the auction).<\/p>\n

The 24.78-carat beauty is a true rarity, listed in the top two percent of the world\u2019s diamonds. Fancy pink diamonds aren\u2019t too easy to come by anyway, but those over 20 carats are practically a legend. This one was purchased by Laurence Graff (of world-renowned Graff Diamonds Ltd.), who just a couple of years ago broke records by shelling out $24 million for the 35.56-carat grayish-blue Wittelsbach Diamond at Christie\u2019s London. This time he was after a Harry Winston, which was last sold to a private party 60 years ago by Winston himself. Of course, it couldn\u2019t hurt that the rectangular cut, spectacularly clear specimen is absolutely gorgeous, especially in a simple and understated setting that includes two triangular white diamond accents and a slim ring band. But of course, it is likely the exclusivity of the centerpiece that facilitated such a great sale price.<\/p>\n

After making his purchase, Graff immediately dubbed it the \u201cGraff Pink Diamond\u201d (much like the Wittelsbach became the \u201cWittelsbach-Graff Diamond\u201d) and pronounced it to be the most fabulous diamond he\u2019s seen in the history of his career, which is no doubt saying a lot. The gem itself is practically flawless, which is almost mandatory in a stone of this size (and with a large table, no less). Sotheby\u2019s mentioned that it does have one small flaw that cannot be seen by the human eye and which could be removed with non-invasive polishing. This is good news for anyone who feared that Graff, the man who re-cut the Wittelsbach Diamond despite a public outcry, might want to put his new purchase under the saw.<\/p>\n","protected":false},"excerpt":{"rendered":"

If Sotheby\u2019s and the diamond community have anything to say about it, the recession is apparently over. At a recent auction in Geneva, Switzerland, a fancy intense pink diamond put…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[711],"tags":[167,47,294,293],"class_list":["post-124","post","type-post","status-publish","format-standard","hentry","category-education","tag-auction","tag-diamond","tag-expensive","tag-sotheby"],"yoast_head":"\nMost Expensive Diamond Sold at Auction | Adiamor<\/title>\n<meta name=\"description\" content=\"it was expected to bring in something in the neighborhood of $30+ million dollars, it exceeded expectations and sold for a whopping.\" \/>\n<link rel=\"canonical\" href=\"https:\/\/adiamor.com\/blog\/education\/most-expensive-diamond-sold-at-auction\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Most Expensive Diamond 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