“The Orange” Sets World Record for Fancy Orange Diamond Sale.
Venue : Christie’s
Date : 12th November 2013
Location : Geneva
Auction : Magnificent Jewels
To this day, there have only been three fancy vivid orange diamonds sold at auction. Each of these diamonds has been below the 6 carat size. This week, November 12th saw the record sale of “The Orange” diamond at Christie’s in Geneva. Weighing in at 14.82 carats, the fancy vivid orange pear-shaped diamond sold for $35,540,611 around twice the pre-sale estimate placed on this diamond. This was the largest fancy vivid orange diamond graded by the Gemological Institute of America to date. This amazing colour is rarely found in diamonds above 3 or 4 Carats in weight.
The Ultimate Possession for the Diamond Collector
Within the show notes, the diamond was described as the ultimate possession for the diamond collector. The orange diamond was just one of the many lots achieving a total of $125, 360, 131 in sales. The stone was purchased by a private collector who has chosen to remain anonymous.
From Christie’s Show Catalogue
“The fancy vivid orange pear-shaped diamond weighing approximately 14.82 carats. Accompanied by report no. 16319474 dated 17 August 2013 from the GIA Gemological Institute of America stating that the diamond is Fancy Vivid Orange colour, VS1 clarity, and a Diamond Type Classification letter indicating that the diamond is Type IA”
The following report is the actual diamond grading certificate for “The Orange” diamond sold this week.