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Alrosa Sells 51ct. Dynasty at Auction
Aug 5, 2018 6:07 AM
By Rapaport News
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RAPAPORT... Alrosa sold the 51.38-carat Dynasty diamond at auction
Thursday, the most expensive polished stone in the miner’s history, it said Friday.
The round, D-color, VVS1-clarity, triple-Ex stone (pictured) was
originally the centerpiece of a five-stone collection the company cut and
polished from one large stone. The entire collection — which bears the same
name as the main stone — fetched approximately $10 million combined. The
company did not disclose the 51-carat diamond’s selling price.
The main diamond — which, Alrosa said, is the purest
large stone that anyone has manufactured in Russia — went up for auction on the
company’s online platform last week. The buyer was the Mouawad Group, a jewelry
and watch design company known for creating diamond lingerie sets worn by
Victoria’s Secret Angels at its runway shows.
“What attracted us to the Dynasty is not only its exceptional
quality, but the transparency of its history, and the fact that it’s the
largest and most valuable diamond ever sold by Alrosa,” said Fred and Pascal Mouawad. “It is a rare gem with a remarkable record.”
The other four stones in the collection sold at an auction
in November, averaging 30% higher than their reserve price. However, Alrosa
withdrew the Dynasty from that auction as it failed to fetch the price the miner was looking for.
“We are happy to announce the successful sale of the whole
Dynasty collection,” said Sergey Ivanov, CEO of Alrosa. “For Alrosa, it was the
first experience of creating our own collection of diamonds, of a road show in
different countries worldwide, and of the sale at an electronic platform.”
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Tags:
Alrosa, Dynasty, Mouawad Group, Pascal Mouawad, Rapaport News, Sergey Ivanov, Victoria’s Secret
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