Angola Diamond To Sell For USD30M

Cornelia Mascio
Novembre 15, 2017

That diamond measures 2.69cm by 2.06cm (1.06 inches by 0.81 inches) and was set on a ring.

"The Raj Pink" is the world's largest known fancy intense pink diamond.

D is the highest color grade attributed to a diamond, indicating that the stone is completely colorless, and thus extremely rare. "The stone is ... right up at the very top".

This marks "a new world-record price for a D color diamond at auction", Rahul Kadakia, auctioneer and head of Christie's global jewels division, told AFP.

The necklace is expected to be sold for up to $35 million.

The diamond, the centrepiece of an asymmetric gem-studded necklace designed by Fawaz Gruosi, founder of Geneva jeweller De Grisogono, exceeded the auction house's expectation of $US25 million.

A team of 10 specialists in NY cut the jewel from a rough 404-carat stone discovered in Angola a year ago, the biggest diamond ever found in that country.

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