News

Advanced Search

Christie’s to Auction $18M D-Flawless Diamond

May 2, 2022 11:17 AM   By Rapaport News
Comment Comment Email Email Print Print Facebook Facebook Twitter Twitter Share Share


RAPAPORT...
Christie’s will offer a 103.49-carat diamond that could fetch up to $18 million at its upcoming New York sale.

The emerald-cut, D-Flawless, type IIa stone, called the Light of Africa diamond, will headline the auction house’s Magnificent Jewels sale on June 8, it said Monday. It will be among the items featured as part of Christie’s luxury week.

The diamond was cut from a 299.3-carat rough Petra Diamonds recovered from its Cullinan mine in South Africa in January 2021. Petra then sold the diamond to Dubai-based diamond-sourcing and supply company Stargems DMCC in March of that year for $12.18 million. It is the third-largest high-quality white diamond recovered from Cullinan since Petra acquired it in 2008, the miner noted.

Christie’s will preview the diamond in Geneva from May 6 to 11, followed by Hong Kong from May 22 to 24, before showing it in New York between June 3 and 7.

Image: The Light of Africa diamond. (Christie’s)
Tags: Christie’s, Cullinan Mine, Light of Africa Diamond, New York Magnificent Jewels, Petra Diamonds, Rapaport News, South Africa, Stargems DMCC
Similar Articles
Memo mag Aug 2022A Trip Down Memo Lane
Aug 17, 2022
While consignment can be a touchy subject for jewelry creators, both they and their retail clients
Rapaport Diamond PodcastPodcast: The GIA Goes Digital
Aug 10, 2022
Pritesh Patel, chief operating officer at the Gemological Institute of America (GIA), explains the organization’s digital
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First
© Copyright 1978-2022 by Rapaport USA Inc. All rights reserved. Index®, RapNet®, Rapaport®, PriceGrid™, Diamonds.Net™, and JNS®; are registered TradeMarks.
While the information presented is from sources we believe reliable, we do not guarantee the accuracy or validity of any information presented by Rapaport or the views expressed by users of our internet service.