100-Carat Emerald-Cut Diamond Could Fetch $25 Million

This diamond is truly a magnificent piece of art, and is one of a kind.

Today, Sotheby’s announced that a rare Emerald-cut 100.2-carat perfect diamond will lead its April 21 Magnificent Jewels sale. The stone is just one of six diamonds over 100 carats and comparable-quality ever to be sold at auction, and is estimated between $19 and $25 million.

“The size is what makes it rare and beautiful,” said Frank Everett, Sotheby’s vice president of sales for jewelry, to the Observer. (It is the largest perfect Emerald-cut to be sold at auction.) “It could be considered a kind of object of art. When you hold it in your hand it’s such a unique experience—you can see the mastery of the cut and the entire geometry.”

The diamond during the cutting and polishing process. (Photo courtesy Sotheby’s)

9331-100c-rough-2

Wearing the diamond as jewelry won’t increase or decrease its value, assured Mr. Everett.

The stone came to Sotheby’s from an anonymous owner who spent over a year studying and cutting it before bringing it to the house. Mr. Everett explained that it was recently mined sometime during the last decade by De Beers—which enforces strict ethics policies in order to guarantee only conflict-free stones—and originated in Southern Africa. The original un-cut, rough stone clocked in at over 200 carats.
“This 100.20 carat diamond is the definition of perfection. The color is whiter than white, it is free of any internal imperfections, and so transparent that I can only compare it to a pool of icy water,” said Gary Schuler, head of Sotheby’s Jewelry department in New York in a press release.

The stone is a truly unique one—diamonds like this aren’t pulled from the Earth very often. While its size impresses, two other characteristics set it apart: its classic, modern emerald cut (arguably the most desirable cut there is) and its “perfect” quality. Breaking down the industry jargon, it is a Type IIa stone (free of any imperfections), D color (the whitest, clearest there is), and internally flawless (no blemishes visible under high magnification). A rare find, indeed.

Lisa Hubbard, Sotheby’s International Jewelry division chairman of North and South America, said in a statement, “The rarest object of natural beauty on the market right now, this 100-carat diamond could be considered the ultimate acquisition.”
Compared to the five other 100-carat diamonds to be sold at auction, it is the only one of Emerald-cut, making it all the more desirable. In 1990, Sotheby’s Geneva sold the first 100-carat perfect diamond, a 101.84-carat modified Pear-shape stone that sold for $12.7 million. The other stones include: a rectangular modified brilliant-cut 100.36-carat diamond sold at Sotheby’s Geneva in 1993 for $11.9 million, a 100.10-carat Pear-shape diamond sold for $16.5 million at Sotheby’s Geneva in 1995, a 101.73-carat Pear-shape diamond sold at Christie’s Geneva in 2013 for $26.7 million, and a 118.28-carat Oval Brilliant-cut diamond that sold for $30.6 million at Sotheby’s Hong Kong in 2013 and holds the world auction record for a white diamond.

Sotheby’s will show the diamond in Dubai, Los Angeles, Hong Kong, London, and Doha before it returns for a New York exhibition opening April 17.

Watch video:

Article Courtesy of The Observer, “http://observer.com/2015/02/sothebys-perfect-100-carat-emerald-cut-diamond-could-fetch-25-million/” 2015.

Video Courtesy of “Associated  Press”. 2015

  • 100-Carat Emerald-Cut Diamond Could Fetch $25 Million

    This diamond is truly a magnificent piece of art, and is one of a kind. Today, Sotheby’s announced that a rare Emerald-cut 100.2-carat perfect diamond will lead its April 21 Magnificent Jewels sale. The stone is just one of six diamonds over 100 carats and comparable-quality ever to be sold at auction, and is estimated […]

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    Welcome to our Blog,

    Make sure to check our blog regularly and get of the latest updates, offers, and useful information from Nanda Jewellers. We offer fully certified diamonds, at highly competitive prices.

    Nanda Jewellers offers a wide selection of diamond jewellery including necklace sets, earrings, tennis bracelets, bangles and custom engagement rings and bands.

    Nanda Jewellers Specializes in loose diamonds, and Custom engagement rings designs using the latest in 3d cad technology. Each custom designed piece is handcrafted, and personalized to perfection.

    GIA (Gemological Institute of America) Certified diamond grader, Anil Nanda offers, the expertise, knowledge, and insight required when searching for the most fitting diamonds for his clients. With a large network in the United States and around the globe, Diamond Creations by Nanda jewelers provides its customers with a large selection of loose diamond’s which are fully certified and conflict-free at competitive prices.

    Book your consultation now, and allow for Diamond Creations by Nanda Jewellers to create a personalized design exclusively for you and your loved ones.

    • 100-Carat Emerald-Cut Diamond Could Fetch $25 Million

      This diamond is truly a magnificent piece of art, and is one of a kind. Today, Sotheby’s announced that a rare Emerald-cut 100.2-carat perfect diamond will lead its April 21 Magnificent Jewels sale. The stone is just one of six diamonds over 100 carats and comparable-quality ever to be sold at auction, and is estimated […]

      Read More...
    • Diamond Creations By Nanda Jewellers

      Welcome to our Blog, Make sure to check our blog regularly and get of the latest updates, offers, and useful information from Nanda Jewellers. We offer fully certified diamonds, at highly competitive prices. Nanda Jewellers offers a wide selection of diamond jewellery including necklace sets, earrings, tennis bracelets, bangles and custom engagement rings and bands. […]

      Read More...
    • The 4 C’s of Diamond Quality

      Here is our first interactive post: Watch and gain a better understanding of the 4 C’s of Diamond Quality. 1. DIAMOND COLOUR:(Diamond Colour Actually Means Lack of Colour) The diamond colour evaluation of most gem-quality diamonds is based on the absence of colour. A chemically pure and structurally perfect diamond has no hue, like a […]

      Read More...
    • The 4 C’s of Diamond Quality

      Here is our first interactive post:

      Watch and gain a better understanding of the 4 C’s of Diamond Quality.

      1. DIAMOND COLOUR:(Diamond Colour Actually Means Lack of Colour)

      The diamond colour evaluation of most gem-quality diamonds is based on the absence of colour. A chemically pure and structurally perfect diamond has no hue, like a drop of pure water, and consequently, a higher value. GIA’s D-to-Z diamond colour-grading system measures the degree of colourlessness by comparing a stone under controlled lighting and precise viewing conditions to masterstones stones of established colour value. GIA’s diamond D-to-Z colour-grading scale is the industry’s most widely accepted grading system. The scale begins with the letter D, representing colourless, and continues, with increasing presence of colour, to the letter Z. Many of these colour distinctions are so subtle that they are invisible to the untrained eye; however, these distinctions make a very big difference in diamond quality and price.

      2. Diamond Clarity

      Consists Scale has 6 categories, some of which are divided, for a total of 11 specific grades.
      • Flawless (FL)
      No inclusions and no blemishes visible under 10x magnification
      • Internally Flawless (IF)
      No inclusions visible under 10x magnification
      • Very, Very Slightly Included (VVS1 and VVS2)
      Inclusions so slight they are difficult for a skilled grader to see under 10x magnification
      • Very Slightly Included (VS1 and VS2)
      Inclusions are observed with effort under 10x magnification, but can be characterized as minor
      • Slightly Included (SI1 and SI2)
      Inclusions are noticeable under 10x magnification
      • Included (I1, I2, and I3)
      Inclusions are obvious under 10x magnification which may affect transparency and brilliance
      Many inclusions and blemishes are too tiny to be seen by anyone other than a trained diamond grader. To the naked eye, a VS1 and an SI2 diamond may look exactly the same, but these diamonds are quite different in terms of overall quality. This is why expert and accurate assessment of diamond clarity is extremely important.

      3.Diamond Cut

      To determine the cut grade of the standard round brilliant diamond – the shape that dominates the majority of diamond jewelry – GIA calculates the proportions of those facets that influence the diamond’s face-up appearance. These proportions allow GIA to evaluate how successfully a diamond interacts with light to create desirable visual effects such as:

      Brightness: Internal and external white light reflected from a diamond

      Fire: The scattering of white light into all the colors of the rainbow

      Scintillation: The amount of sparkle a diamond produces, and the pattern of light and dark areas caused by reflections within the diamond

      GIA’s diamond cut grade also takes into account the design and craftsmanship of the diamond, including its weight relative to its diameter, its girdle thickness (which affects its durability), the symmetry of its facet arrangement, and the quality of polish on those facets.

      The GIA Diamond Cut Scale for standard round brilliant diamonds in the D-to-Z diamond color range contains 5 grades ranging from Excellent to Poor.

      4. Diamond Carat Weight

      Diamond carat weight is the measurement of how much a diamond weighs. A metric “carat” is defined as 200 milligrams.

      Each carat can be subdivided into 100 ‘points.’ This allows very precise measurements to the hundredth decimal place. A jeweler may describe the weight of a diamond below one carat by its ‘points’ alone. For instance, the jeweler may refer to a diamond that weighs 0.25 carats as a ‘twenty-five pointer.’ Diamond weights greater than one carat are expressed in carats and decimals. A 1.08 carat stone would be described as ‘one point oh eight carats.’

      Contact us:
      Nanda Jewellers Inc
      6696 Main Street
      Vancouver BC
      V5X 3H2
      info@nandajewellers.com

      • 100-Carat Emerald-Cut Diamond Could Fetch $25 Million

        This diamond is truly a magnificent piece of art, and is one of a kind. Today, Sotheby’s announced that a rare Emerald-cut 100.2-carat perfect diamond will lead its April 21 Magnificent Jewels sale. The stone is just one of six diamonds over 100 carats and comparable-quality ever to be sold at auction, and is estimated […]

        Read More...
      • Diamond Creations By Nanda Jewellers

        Welcome to our Blog, Make sure to check our blog regularly and get of the latest updates, offers, and useful information from Nanda Jewellers. We offer fully certified diamonds, at highly competitive prices. Nanda Jewellers offers a wide selection of diamond jewellery including necklace sets, earrings, tennis bracelets, bangles and custom engagement rings and bands. […]

        Read More...
      • The 4 C’s of Diamond Quality

        Here is our first interactive post: Watch and gain a better understanding of the 4 C’s of Diamond Quality. 1. DIAMOND COLOUR:(Diamond Colour Actually Means Lack of Colour) The diamond colour evaluation of most gem-quality diamonds is based on the absence of colour. A chemically pure and structurally perfect diamond has no hue, like a […]

        Read More...