OF ALL THE MILLIONS OF DIAMONDS IN THE WORLD, THIS IS THE ONE I WANT!
Sotheby’s to Offer the Greatest White Diamond
Ever to Appear at
Auction
The 118.28 Carat, D Color, Flawless, Type
IIa,
Magnificent Oval Diamond
Is Estimated to Achieve
– US$28/35 Million / HK$220/280 Million –
Continuing in its
pioneering tradition of offering the world’s most perfect white diamonds of
truly exceptional size, Sotheby’s is honored to announce that it will offer a Magnificent
Oval Diamond of Supreme Importance in its Hong Kong auction of Magnificent
Jewels and Jadeite on 7 October 2013.
The remarkable 118.28
carat, D color, Flawless, Type IIa stone of Excellent Polish and Excellent
Symmetry is the largest D color Flawless diamond ever to appear at auction,
as well as the largest oval shaped, D color Flawless or Internally Flawless
diamond ever graded by the Gemological Institute of America (GIA). Only four
other white diamonds of this quality over 100 carats have ever been sold at
auction, of which Sotheby’s has sold three – the present stone is nearly 20%
larger than the first and previously largest ever offered, the 101.84 carat
‘Mouawad Splendour’, sold at Sotheby’s in 1990. Each of those four stones was
offered in Geneva salesrooms, making the Magnificent Oval Diamond the
first D color diamond of this size ever to appear at auction in Asia, a
testimony to the importance of Hong Kong as an international jewelry auction
center.
Discovered in 2011
from the deep mines in Southern Africa, the 299 carat rough of the Magnificent
Oval Diamond is one of the largest and most beautiful diamond roughs found
in recent years. Carefully and meticulously worked over a period of months, the
resulting stone is estimated to achieve US$28/35 million / HK$220/280 million
at auction in October – in excess of the current highest price ever paid for
any white diamond at auction.
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