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Alrosa to Hold Second True Colors Auction

Aug 25, 2019 5:11 AM   By Rapaport News
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Alrosa will offer more than 200 polished colored diamonds at the Hong Kong Jewellery & Gem Fair in September.

The True Colors auction will feature a pear-cut, 18.07-carat, intense-yellow diamond which is internally flawless, the Russia-based miner said Friday. An emerald-cut, 6.78-carat, vivid-yellow diamond, and two pear-cut, vivid-purplish-pink stones are also expected to go under the hammer. The pair includes a 0.54-carat diamond with VVS1-clarity and a 0.55 carat, internally flawless stone. 

Customers will be able to view the stones between September 16 and 20, with the final auction taking place September 23.

Alrosa cut and polished all the stones at its in-house cutting unit. The miner will also offer digital passports with each stone, containing the date and location it was mined, its characteristics, and information on each diamond’s cutter and their professional experience.

The company held its first True Colors auction at last year’s show, selling 210 of the 250 colored diamonds on offer for $9 million.

Image: One of the colored diamonds that will feature in the True Colors auction. (Alrosa)
Tags: Alrosa, Hong Kong, Hong Kong Jewellery & Gem Fair, Rapaport News, True Colors
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