Auctions

Take a Look at the 228-Carat Diamond Set to Fetch $20-$30M at Auction

AuctionsMar 28, 2022

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.

20220328_TheRock1-alternate.jpg
“The Rock” is headlining the Magnificent Jewels sale at Christie’s Geneva this spring. It is the largest colorless diamond to be offered at auction.
Geneva—Christie’s is offering the largest white diamond to ever appear at auction at its Geneva Magnificent Jewels sale this spring.

The auction house will present the aptly titled “The Rock,” a 228.31-carat pear-shaped diamond, seen in the video below.
The Rock was discovered and polished in South Africa more than two decades ago, Christie’s said.

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.”

20220328_TheRock2.jpg
Here, Christie’s International Head of Jewelry Rahul Kadakia showcases the 228-carat “The Rock” diamond.

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.

 Related stories will be right here … 

The No. 5 record holder for Christie’s is a 75.97-carat stone that sold for $14.5 million in 2014.

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

1872-x-1052-July-ad (2).png
Supplier BulletinAug 07, 2026
Why More Jewelry Retailers Are Hosting Turnkey Estate Buying Events

Sponsored by Stratus Estate Buyers

Blue Nile President Pamela Cloud
MajorsAug 07, 2026
Retail Veteran Pam Cloud Appointed President of Blue Nile

Cloud, who will officially join Blue Nile on Monday, spent 26 years at Tiffany & Co. and founded jewelry brand Roseate.

Paulo Garcia
MajorsAug 07, 2026
Pandora Appoints Paulo Garcia as New CFO

Garcia will take over from the company’s current CFO, Anders Boyer, who is retiring at the end of November.

1872-x-1052-July-ad (1).png
Brought to you by
Why More Jewelry Retailers Are Hosting Turnkey Estate Buying Events

Retailers are seeking new ways to attract customers, increase traffic, and create revenue – Estate buying events are a popular solution.

Etsy office Dumbo Brooklyn
MajorsAug 07, 2026
Etsy to Lay Off 12% of Workforce

Etsy CEO Kruti Patel Goyal explained why the company is letting go more than 200 employees as its performance improves.

Weekly QuizAug 07, 2026
This Week’s Quiz
Test your jewelry news knowledge by answering these questions.
Take the Quiz
Syna Star Gazer Pendant
TrendsAug 07, 2026
Look Ahead with Syna’s Binoculars Pendant

The “Star Gazer” pendant, our Piece of the Week, is Syna’s tribute to curiosity and the discovery of something new.

An interior shot of the Musee Lalique in Wingen-sur-Moder, France
CrimeAug 06, 2026
Lalique Museum to Remain Closed Following $5M Heist

Museum officials are looking to the public to help cover the “exceptional” costs involved in recovering from the July 5 smash-and-grab.

Brought-To-By-Article-Top-Image.jpg
Brought to you by
Wedding Band Trends 2026: Personalization Takes Center Stage

Colored gemstones, artisan finishes, mixed metals, and meaningful details are shaping demand in bridal jewelry.

Claire’s new piercing experience
MajorsAug 06, 2026
Claire’s Revamps Piercing Services for Second Time in Three Years

The overhaul includes enhanced employee safety training and trendy earring styles, including lab-grown diamond studs.

Brilliant Earth Jane Goodall collection rings
FinancialsAug 06, 2026
Brilliant Earth’s Q2 Sales Up 6%, Driven by High-Income Shoppers

The retailer said it had its biggest Mother’s Day ever, with strong demand for higher-priced jewelry.

Handwork: Handcrafted Objects that Made America Book Cover
TrendsAug 06, 2026
New Book on Handcrafted American Objects Highlights Jewelry

“Handwork: Handcrafted Objects that Made America” features historic and contemporary works, including a Diné squash blossom necklace.

Ani Khachian
MajorsAug 06, 2026
AJA East Coast Names Ani Khachian as First Female President-Elect

The Armenian Jewelers Association’s East Coast chapter has also elected its 2026–2027 board of directors.

JCPenney storefront
MajorsAug 05, 2026
Private Equity Firm Wants to Buy 100+ JCPenney Stores

Onyx Partners has submitted a second offer to buy the department stores after its first offer fell through last year.

The Roaring Jewel Martini
IndependentsAug 05, 2026
Atlanta Jeweler Introduces $10K Martini

Solomon Brothers Jewelers has partnered with local cocktail bar Roaring Social on a new martini garnished with a tennis necklace.

Benjamin Siegel of Hamilton Jewelers
IndependentsAug 05, 2026
Another Member of the Siegel Family Joins Hamilton Jewelers

Benjamin Siegel, son of President and CEO Hank Siegel, started working for the family business this week.

Bulgari San Diego Store Exterior
MajorsAug 05, 2026
Bulgari Opens Store in San Diego

The new space features a modern design that blends Bulgari’s Roman heritage with San Diego’s coastal spirit.

Mugshots of four men
CrimeAug 04, 2026
Crew of Thieves Break Into Indiana Jeweler’s Home

Four men were charged in connection with the break-in and accused of stealing $365,000 in cash, jewelry, and designer goods.

André Branch
MajorsAug 04, 2026
Pandora Hires Former Signet Board Member to Lead North American Market

André Branch has more than 25 years of experience with various brands, most recently serving as CEO of Ariana Grande’s cosmetics company.

Gemlok earrings
MajorsAug 04, 2026
Sasha Primak Acquires Gemlok

New York-based atelier Gemlok is best known for creating the innovative “bridge” setting that became popular in the bridal market.

Santana Now Unidad Collection Campaign Imagery
CollectionsAug 04, 2026
Musician Carlos Santana Launches Jewelry Brand

Santana Now's debut collection, “Unidad,” features symbolic motifs as well as pieces of wood from the Woodstock stage.

Stock image of a gavel and books
CrimeAug 03, 2026
Florida Man Gets 15 Years in Trio of Jewelry Store Robberies

The 50-year-old man pleaded guilty earlier this year to robbing two jewelry stores and a pawn shop of more than $700,000 in merchandise.

Spider-Man Citizen watch and pin on a web
WatchesAug 03, 2026
Citizen's New Spider-Man Watch Is a Collector’s Dream

The watch’s dial features an original design by Marvel comics illustrator Adam Kubert.

Chatham Men’s Collection Campaign Imagery
Lab-GrownAug 03, 2026
Chatham Releases First Men’s Collection

The new collection of lab-grown diamond and colored gemstone jewelry provides a “fresh perspective” on the category, Chatham said.

Pomellato Marvelous Griffe earrings
TrendsAug 03, 2026
Amanda’s Style File: Spinel vs. Peridot

While some August babies are team peridot, the month's time-honored birthstone, others are team spinel, the newer alternative.

Edina Kiss Popsicle Pendant and Karina Choudhrie Ice Cream Charm
TrendsJul 31, 2026
These Pieces of the Week Are Sweet

Edina Kiss’ “Popsicle” pendant and Karina Choudhrie’s “Ice Cream” charm satisfy that summer craving for a sweet piece of jewelry.

Macy’s Herald Square store sign
MajorsJul 31, 2026
Macy’s Iconic Red Shopping Bag Sign Torn Down

The massive billboard has been in the same spot on the department store’s Herald Square flagship store for decades.

Gemfields emeralds
SourcingJul 31, 2026
Gemfields’ H1 Revenue Jumps 72%

The miner’s ruby and emerald auctions brought in a combined $102.9 million.

×

This site uses cookies to give you the best online experience. By continuing to use & browse this site, we assume you agree to our Privacy Policy