News & Media
It is our mission to provide our clients with unparalleled advice and guidance and building a successful hard asset portfolio.
This year there were 64 precious stones on offer, including three “Fancy Red” diamonds, and with private bids coming in well above pre-tender estimates and a record number of bids over $US1m, industry speculation has suggested the entire collection sold for more than $US25m.
The Vivid Yellow, a rare, highly saturated, fancy vivid yellow diamond of 32.77 carats will be the star lot of Christie’s New York Magnificent Jewels sale on October 18. The golden yellow hue of this large pear-shaped stone is so intense and so deep that the Gemological Institute of America ranks it among the rarest of gemstones in its class. The stone is expected to achieve $6 million to $8 million.
The Sun-Drop Diamond, considered the largest known pear-shaped fancy vivid yellow diamond in the world, sold for $12.3 million Tuesday at Sotheby’s Sale of Magnificent Jewels in Geneva.
A 12.76 carat diamond was found at the Argyle diamond mine in the East Kimberley region of Western Australia. It’s the biggest pink diamond ever found at the famed mine, the world’s largest producer of pink diamonds.
Rio Tinto’s latest Argyle Pink Diamonds Tender has delivered strong results, including two record-breaking prices, which indicates the demand among investors and jewellers for fancy coloured diamonds is still robust.