Geneva ablaze with color! May 17 2014, 0 Comments
This week has seen two of the worlds most beautiful and rare colored diamonds set world record prices at auction. Both sales were conducted in Geneva Switzerland.
On Tuesday night the 'Graff Vivid Yellow' 100.09ct cushion shaped diamond sold at Sotheby's Magnificent Jewels sale for US$16.3 million. The stunning daffodil color diamond, set a record for the most expensive yellow diamond sold at auction.
The following evening the 'Winston Blue', a 13.22ct pearl shaped blue diamond sold at Christie's Geneva Magnificent Jewels sale for US$23.8 million, setting a record for the most expensive flawless, vivid blue diamond sold.
The Christie's auction also set a record for the most money realised at a jewellery auction. With a total sale value of US$154.1 million dollars of 85% lots sold. Eclipsing the previous record of US$137.2 million set for Elizabeth Taylor's jewellery sale at Christies' New York in December 2013.
Are colored diamonds the new white?