November 13, 2013

Rare diamond fetches $35.5 million

The 14.82-carat pear-shaped orange diamond is the largest of its kind ever sold at auction.

The Associated Press

GENEVA — The largest fancy vivid orange diamond ever sold at auction went for $35.5 million in Geneva, where a pink diamond estimated to be worth more than $60 million is also on the block.

click image to enlarge

A Christie’s employee displays the 14.82-carat pear-shaped orange diamond that was auctioned off Tuesday in Geneva.

The rare pear-shaped orange diamond sold Tuesday is 14.82 carats, meaning it went for an eye-popping $2.4 million per carat. That’s a world record price per carat for any colored diamond sold at auction, Christie’s said.

François Curiel, international head of Christie’s jewelry department, said the orange diamond’s record price puts it “amongst the greatest pinks and blues, which are traditionally the most appreciated colored diamonds.”

Sotheby’s auctions are headlined by Wednesday’s offering of “The Pink Star,” a vivid and flawless 59.60-carat pink diamond.

Geneva is a favorite auction site for buyers seeking gems and other luxury items.

Were you interviewed for this story? If so, please fill out our accuracy form

Send question/comment to the editors




Further Discussion

Here at PressHerald.com we value our readers and are committed to growing our community by encouraging you to add to the discussion. To ensure conscientious dialogue we have implemented a strict no-bullying policy. To participate, you must follow our Terms of Use.

Questions about the article? Add them below and we’ll try to answer them or do a follow-up post as soon as we can. Technical problems? Email them to us with an exact description of the problem. Make sure to include:
  • Type of computer or mobile device your are using
  • Exact operating system and browser you are viewing the site on (TIP: You can easily determine your operating system here.)