Tzoffey's 1818 To Auction 1,000 Carat Diamond

(IDEX Online) – Israeli-French auction house Tzoffey's 1818 is to offer a very large rough diamond weighing almost 1,000 carats at its tender at the March 9-13 International Rough Diamond Week (IRDW) at the Israel Diamond Exchange.

Tzoffeys previously announced that it would tender a rough stone weighing more than 600 carats.

"Just a few days ago, we were very excited to have secured a 600-carat rough stone for the tender week, but I believe this diamond will be the real standout item of the event," said Tzoffey's President Avner Sofiov.

"We're leaving some of the excitement for the events of the tender week itself and will only release more information on this huge stone at a later time.

"This diamond, however, will make our tender a truly unique event, and will add to the prestige for all the involved parties and companies working on the International Rough Diamond Week."

Sofiov noted that Tzoffey's tender was now overbooked, and that the Israel Diamond Exchange had allocated four extra viewing stalls for Tzoffey's on the last day of the week-long event to allow for the intense interest,.

IDE President Shmuel Schnitzer noted he was very pleased with the developments in the build-up to the International Rough Diamond Week. "I'd like to commend IDE Deputy President Arnon Juwal, head of the IRDW organizing committee, his team and of course all the participating companies that are tendering diamonds for their contribution to this event.

"The addition of these large stones certainly adds a great deal of interest to what promises to be a great, first rough diamond week at our exchange," he said.