Sotheby’s to Auction 100-Carat Emerald Diamond in New York
February 15, 15
(IDEX Online News) – Sotheby’s is to auction a 100-carat emerald-cut diamond at its Magnificent Jewels auction in New York in April. The 100.20-carat, D color, Internally Flawless, Type IIa stone has an estimate of $19-$25 million.
The auction house said this is the largest, perfect emerald-cut diamond to be offered at auction.
The diamond comes from a piece of rough weighing more than 200 carats and was mined by De Beers in southern Africa.
“This 100.20 carat diamond is the definition of perfection,” said Gary Schuler, head of Sotheby’s Jewelry Department in New York. “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. It is the first true emerald-cut diamond over 100 carats to be offered at auction – the most classic of cuts, quietly elegant and very contemporary.”
“The rarest object of natural beauty on the market right now, this 100-carat diamond could be considered the ultimate acquisition,” added Lisa Hubbard, chairman of North & South America for Sotheby’s International Jewelry Division. “Simply put, it has everything you could ever want from a diamond: the classic shape begs to be worn, while the quality puts it in an asset class of its own. The stone gives you so many options – admire it un-mounted, wear it as a simple but stunning pendant, or mount in a designed jewel.”
The diamond will be exhibited in Dubai, Los Angeles, Hong Kong, London and Doha and will go on display in New York on April 17.