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Mmetla Masire: Okavango to resume diamond sales in January
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Yesterday
Helga Pombal: Angola's Stardiam finds solution to the threat posed by lab-grown diamonds
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Ellah Muchemwa: ADPA to launch Africa's first diamond mining standard next year
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04 november 2024
Dmitry Fedorov: I want our jewelry to be displayed at a museum in the future
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28 october 2024
Responsible business practices ‘no longer optional’, says WDC President Feriel Zerouki
The president of the World Diamond Council takes time out of her busy schedule to tell Rough&Polished readers about the critical work of the WDC. Zerouki, the first female present of the body, which includes all the important industry organizations among...
14 october 2024
Christie’s emerald-cut diamond sells for $2.1mln on an online-auction
Image credit: Christie's
Christie's says that the near-flawless, VVS1-clarity emerald-cut stone sold for much more than a high estimate of $2mln. The auction attracted 31 bids during the two-week sale and ended on 30 June.
The 28.86-carat type IIa D-color diamond sold for $2.1mln, a world record high price for an online-only auction. The diamond's estimate in the Jewels Online sale was $1m to $2m.
The auction sold 100 per cent by value and 93 per cent by lot, with 64 per cent of lots fetching above their high estimates. Christie's next online jewellery sale will run from July 3 to 13 featuring three pieces by designer Anna Hu.
Rahul Kadakia, Christie's International Head of Jewelry said: "The sale of this exceptional stone established the record for a jewel sold in an online-only auction, demonstrating greater client confidence in Christie's digital ability and online sale platform."
Aruna Gaitonde, Editor in Chief of the Asian Bureau, Rough & Polished