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Rare Orange-Red Diamond Appears at Auction
Aug 29, 2022 5:42 AM
By Avi Krawitz
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RAPAPORT... Heritage Auctions has unveiled a 1.21-carat, fancy-orangey-red diamond that will go under the hammer at its Fall Fine Jewelry Signature auction on September 29.
“This gem is one of only a few diamonds to display enough saturation and intensity to be graded as a true red,” said Jill Burgum, Heritage Auctions’ executive director of fine jewelry. “Adding to the allure, the cause of a red diamond’s color remains a mystery to scientists, making this stone even more of a marvel.”
The stone has a presale estimate of $100,000 to $150,000.
Other notable diamonds included in the sale are a 17.63-carat, fancy-intense-yellow diamond ring from the estate of Dallas philanthropist Mary Anne Sammons Cree, which is expected to fetch $300,000 to $400,000. More than 125 jewels from Cree’s collection are up for sale, with the proceeds going to the Communities Foundation of Texas as well as Dallas-area nonprofits.
Image: 1.21-carat, fancy-orangey-red diamond. (Heritage Auctions)
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Tags:
Avi Krawitz, diamonds, gems, heritage auctions, Jewelry, Mary Anne Sammons Cree
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