Take a Look at the 228-Carat Diamond Set to Fetch $20-$30M at Auction
Christie’s Geneva will offer “The Rock” at the Magnificent Jewels sale in May.
The auction house will present the aptly titled “The Rock,” a 228.31-carat pear-shaped diamond, seen in the video below.
The GIA has issued a letter that accompanies the stone, stating it is the largest existing D-Z color pear-shaped diamond the institute has ever graded.
The stone is G-color, VS1 clarity. It is expected to sell for between $20 million and $30 million at the Magnificent Jewels sale on May 11.
It’s currently on a world tour prior to the sale, starting in Dubai through March 20, then heading to Taipei, and finally New York City April 29-May 1. It will be on view in Geneva at the Four Seasons Hotel des Bergues May 6-11.
Christies’s International Head of Jewelry Rahul Kadakia said in a statement: “The Rock will join the very best of legendary gemstones which have passed through Christie’s global salerooms since 1766. The market for diamonds is particularly vibrant, and we are confident that this sensational gemstone will capture the attention of collectors across the globe this spring season.”
The Rock beats Christie’s top five largest white diamonds ever sold by quite a bit.
The stone that holds Christie’s auction record for the most expensive colorless diamond is the De Grisogono 163.41-carat diamond offered in 2017. It sold for nearly $34 million, despite some industry controversy over De Grisogono’s leadership. (The company was later accused of being a money laundering front and later filed for bankruptcy.)
The second most expensive white diamond Christie’s has sold was the “Winston Legacy” in 2013. The 101.73-carat diamond earned close to $27 million.
The No. 3 diamond was the 76.02-carat “Archduke of Joseph Diamond” in 2012, which earned $21.5 million, followed by the “La Legende” necklace by Boehmer et Bassenge at No. 4. The 92.15-carat diamond fetched $15 million in 2017.
But the most expensive white diamond to ever sell at any auction house wasn’t the largest; instead, it boasted an incredible provenance.
In 2018, Sotheby’s sold the diamond and pearl pendant that originally belonged to Marie Antoinette in its “Royal Jewels from the Bourbon-Parma Family” auction. It fetched a cool $36 million.
While Christie’s “The Rock” is the largest colorless diamond to appear at auction, the largest fancy color diamond was the 555.55-carat black diamond called “The Enigma.”
It sold this year at Sotheby’s for $4.3 million.
The Latest
Sponsored by Tasha R
A federal court found that the jewelry store chain violated terms of the settlement reached after it was accused of defrauding customers.
Cynthia Erivo chose Dreams of Hope, an organization dedicated to empowering LGBTQA+ youth, as the charity for this year’s collection.
From protecting customer data to safeguarding inventory records, it's crucial to learn how to tackle cybersecurity challenges.
The new space was designed to evoke a warm, inviting vibe.
Kinney, who spent nearly 30 years at IJO, has been hired to head Abbott Jewelry Systems’ new virtual marketplace.
The auction house was accused of helping clients avoid paying taxes on millions of dollars’ worth of art purchased from 2010 to 2020.
This fall, sharpen your skills in jewelry grading, quality control and diamond assessment.
The four finalists will present their pieces at the 2025 JCK Las Vegas show.
The “Camera Oscura” collection showcases earring designs celebrating female Surrealist artists Claude Cahun and Leonor Fini.
The money will fund the planting of 10,000 trees in critical areas across Oregon, Arizona, Montana, and other regions.
The event centered on advancing jewelry manufacturing technology will return to Detroit in May 2025.
Local reports identified the woman as the wife of the jewelry store owner.
The Australian jewelry box brand’s new West Village store will showcase new jewelers each month through its Designer in Residence program.
“Lovechild” was created in partnership with Carolyn Rafaelian’s Metal Alchemist brand.
Hampton discussed how Helzberg is improving the customer experience and why it was inspired by the company formerly known as Dunkin’ Donuts.
The group will host several curated events and an exhibition of designer jewelry made with Peruvian gold traceable to the miners’ names.
The collection honors the 50th anniversary of Dolly Parton’s “Love is Like a Butterfly” song, which shares a birth year with Kendra Scott.
This year’s theme asks designers to take inspiration from classic fairy tales.
Senior Editor Lenore Fedow makes the case for why more jewelers should be appealing to nerds at the annual event.
The latest “Raiz’in” drop showcases a newly designed “Scapular” necklace and donates a portion of the proceeds to Make-A-Wish France.
No. 1 out of 100, the timepiece was created to mark Citizen’s 100th anniversary and will be auctioned off at Sotheby’s next month.
On the latest episode of “My Next Question,” two experts share best practices for store security during the holidays and year-round.
Sotheby’s sold the necklace, which potentially has ties to Marie-Antoinette, for $4.8 million to a woman bidding via phone.
Instead of its usual elaborate display, the store will illuminate its façade and frame the windows to highlight its flagship’s architecture.
The new Grand Seiko boutique is located in Honolulu’s Waikiki neighborhood.
Eleven spots are available for travelers to visit Northern Tanzania and Southern Kenya from July 25 to Aug. 4.