Sourcing

Alrosa Creates a ‘Dynasty’ Out of 179-Carat Diamond

SourcingAug 03, 2017

Alrosa Creates a ‘Dynasty’ Out of 179-Carat Diamond

The highlight of five-stone collection is a 51.38-carat round brilliant D VVS1 diamond.

20170803_Romanovs.jpg
This is a computer-generated image of the 179-carat “The Romanovs” rough diamond. Its name is a nod to Romanov-era ruler Peter the Great, who launched the development of the country’s diamond deposits and ordered the creation of Russia’s first diamond cutting and polishing factory in the early 18th century.

Moscow--In Russia, The Romanovs have become a dynasty again, so to speak.

This week, Russian diamond mining company Alrosa unveiled the diamonds it cut from a 179-carat piece of rough it unearthed in 2015 and dubbed “The Romanovs.”

All told, the big stone produced five diamonds totaling 76.22 carats, a yield of about 43 percent.

They are slated to be sold individually at a special online auction this fall.

Pavel Vinikhin, director of Diamonds Alrosa, the company’s cutting and polishing division, told National Jeweler on Thursday that Alrosa places the value of the five-stone collection, called “The Dynasty,” around $10 million but might change this following upcoming auction previews in Hong Kong and Israel.

The crowning glory of the collection, a diamond also dubbed “The Dynasty,” is a 51.38-carat round brilliant that is the highest-quality diamond of its size ever cut by Alrosa.

The Gemological Institute of America graded The Dynasty as a D color, VVS1 clarity diamond with a triple excellent cut.

Alrosa has cut and polished diamonds that are bigger.

The largest 57-facet round brilliant diamond cut by Alrosa was 52.26 carats, and the mining company also cleaved the pear-shaped 80.59-carat Star of Vilyuisk.

But neither diamond was of the same color and clarity as The Dynasty.


This picture provided by Alrosa shows the 51.38 D color, VVS1 clarity diamond called “The Dynasty” in its finished state. 
Alrosa created the five diamonds in the collection at its cutting and polishing facilities in Moscow.

The company said its most experienced cutters worked on whittling down the 179-carat Romanovs diamond, discovered at the Nyurbinskaya kimberlite pipe in the Republic of Sakha (Yakutia) two years ago.

Because of the high-pressure nature of the job--one mistake on a large, valuable stone like The Romanovs could be very costly--the cutters were put on a week-long leave several times, Alrosa said.

Commenting on the creation of the 51.38-carat diamond specifically, Vinikhin said in a press release: “This stone gives a start to a new stage in the development of Alrosa’s cutting division that will actively develop polishing of extra-large and colored diamonds. The Dynasty demonstrated that we can do it at the highest level. We work a lot on the technique, combine modern technologies with the secrets of jewelers of the Russian Imperial Court.”

The other four stones cut from the rough are named for individuals who played a crucial role in the development of the jewelry industry in Russia.



The second-largest stone is
the 16.67-carat round brilliant Sheremetevs diamond, named for Count Pyotr Sheremetev, a companion of Peter the Great and a senator under Catherine the Great who was a customer of the Russian jewelry houses of his time.

There is also the 5.05-carat oval-shaped Orlovs diamond, named for Count Grigory Orlov, the senator who gave the famous 189.6-carat Orlov Diamond to Empress Catherine II.

The 1.73-carat pear-shaped Vorontsovs is named for the one-time chancellor of the Russian Empire, Count Mikhail Vorontsov, while The Yusupovs, a 1.39-carat oval, is a nod to Prince Nikolai Yusupov, who started his family’s massive jewelry collection.

All four are D color and VVS1 clarity.

The online auction of the Dynasty collection is slated to take place in November. Terms of participation are available on Dynasty.Alrosa.Ru.
Michelle Graffis the editor-in-chief at National Jeweler, directing the publication’s coverage both online and in print.

The Latest

Sothebys Romanov sapphire
AuctionsNov 02, 2026
197-Carat ‘Romanov Sapphire’ Heads to Sotheby’s Geneva

The rare jewel, which has links to Russia’s Romanov dynasty, is estimated to fetch up to $2 million.

Fake Audemars Piguet watch
CrimeNov 02, 2026
Customs Seizes More Than 400 Fake Audemars Piguet Watches

It is one of several seizures of counterfeit jewelry and watches by U.S. Customs and Border Protection officials in Louisville this year.

Jewelers of America new board members
MajorsNov 02, 2026
Lawrence Bock, Caryl Capeci, Amanda Coleman-Phelps Join JA Board

Jewelers of America announced the additions to its board of directors following its annual general meeting, held last week.

overnight btyb 1026.png
Brought to you by
How Overnight Mountings’ Bridal Builder Makes Custom Engagement Ring Design Easier to Sell

With customization becoming more expected in engagement ring shopping, the Bridal Builder makes the process tangible.

Kristi Yamaguchi Wearing Always Dream Collection
CollectionsNov 02, 2026
Olympian Kristi Yamaguchi, Heller Jewelers Expand ‘Always Dream’ Collection

The jewelry collection supports Yamaguchi’s Always Dream foundation, which provides reading and educational resources to families in need.

Weekly QuizOct 29, 2026
This Week’s Quiz
Test your jewelry news knowledge by answering these questions.
Take the Quiz
2026 AGTA Spectrum & Cutting Edge Awards Best Of Winners
Events & AwardsOct 30, 2026
Illuminating Carved Paraiba Pendant, Suite of Moonstones Wow at Spectrum Awards

Spectrum’s “Best of Show” honors went to a 101-carat Paraiba carved to look like Medusa that has a magnet-activated LED light.

Edina Kiss Eye Pendants on Charm Necklace
TrendsOct 30, 2026
Edina Kiss’ Pendants Say ‘Eye’m Watching You’

Our Halloween Pieces of the Week are four “Eye” pendants, each set with colorful gemstones.

DeBeersICONS_TITLE1_CUSTOMCONTENT_1872x1052 (1).jpg
Brought to you by
A Diamond Is Forever Launches 2026 Holiday Campaign Championing Natural Diamonds

A Diamond Is Forever's holiday campaign reimagines natural diamond icons for a new generation celebrating individuality.

Alexis Hoopes
MajorsOct 30, 2026
The RealReal Hires Former eBay Exec as New Chief Merchandising Officer

Alexis Hoopes expanded eBay’s “Authenticity Guarantee” program during her tenure.

Rolex store exterior Bellevue Washington
WatchesOct 29, 2026
Bucherer Opens Rolex Boutique in Washington State

The Rolex-owned retailer’s new 4,700-square-foot store’s façade honors the Pacific Northwest’s evergreen forests.

Norma Wellington spider web pendant
TrendsOct 29, 2026
Amanda's Style File: All Treats, No Tricks

Get into the Halloween spirit with this roundup of 13 spooky jewels.

Ann Cahoon
MajorsOct 29, 2026
Gesswein Hires Longtime Bench Jeweler, Educator Ann Cahoon

Cahoon was appointed strategic account and educational program manager at Gesswein, which recently joined Continental Buying Group.

Tiffany & Co. Love Is a Gift Holiday Campaign with Amanda Seyfried
MajorsOct 29, 2026
Amanda Seyfried Stars In Tiffany & Co.’s Holiday Campaign

Tiffany & Co.’s latest ambassador makes her debut in its “Love Is a Gift” holiday campaign.

Graphic of cauldron and cat with jewelry in bubbles
EditorsOct 28, 2026
These Wicked Jewels Will Cast a Spell on You

For her annual Halloween story, Senior Editor Lenore Fedow highlights bewitching jewels fit for a witch that go from day to unholy night.

Jaythan Gilder and Stolen Tiffany & Co. Earrings
CrimeOct 28, 2026
Man In Florida Who Swallowed Tiffany & Co. Earrings Convicted

Jaythan Gilder was found guilty of robbery and grand theft after stealing and then ingesting nearly $800,000 worth of Tiffany & Co. jewelry.

Gas station
SurveysOct 28, 2026
Consumer Confidence Up in October as Gas Prices Ease

Consumer confidence remains on the long-term downward trend that’s persisted over the past few years, said a Conference Board economist.

Stuller Magic of the Moment Holiday Campaign
MajorsOct 28, 2026
Stuller’s Holiday Campaign Lets the ‘Magic of the Moment’ Shine

The holiday campaign includes key jewelry trends, a curated holiday gift guide, and resources to help jewelers prepare for holiday shoppers.

Mervis Diamond Importers store
IndependentsOct 27, 2026
Solomon Brothers Acquires Mervis Diamond Importers

Solomon Brothers, which has three stores in the Metro Atlanta area, said it may continue to acquire other independent jewelers.

Woman holding testing swab
IndependentsOct 27, 2026
Gabriel & Co. Supports Charity Partner DKMS With Gala, New Jewels

The fine jewelry brand raised $2.3 million at its annual gala that supports the nonprofit’s fight against blood cancer and blood disorders.

Sarin Bachmann and Julie Walsh
Events & AwardsOct 27, 2026
JFC Announces 2027 ‘Facets’ Honorees

The annual fundraising event is slated for June 6, 2027, at The Venetian Resort in Las Vegas.

Ali Ahn in Bliss Lau Vantage Collection Campaign
CollectionsOct 26, 2026
Bliss Lau’s ‘Vantage’ Point Is the Hawaiian Horizon

In her “Vantage” collection, Lau explores heritage, identity, and inner strength through designs featuring blue-green Guatemalan jade.

Behind the scenes shot of Tiffany & Co.’s Design and Innovation Workshop
MajorsOct 26, 2026
Tiffany & Co. Takes Consumers Behind the Scenes

The jeweler gave the public backstage tours of its flagship store and its design and innovation workshop as part of LVMH’s open house.

Jewelers for Children Halloween contest
Events & AwardsOct 26, 2026
Support JFC’s ‘Monster Mash Challenge,’ If You Dare

Vote for which jewelry professional should dress up as a monster to support Jewelers for Children’s annual Halloween fundraiser.

Image from PGI USA Platinum Born campaign
MajorsOct 23, 2026
PGI USA Set to Close at Year’s End

The closure is part of a global restructuring that also includes PGI winding down its operations in Japan, South Korea, and Hong Kong.

Jewelers of America new logo
TechnologyOct 23, 2026
JA Unveils New Website, Logo

The website offers enhanced member benefit access, industry directories, educational resources, a job board, and access to the MJSA Journal.

Pomellato Paraíba high jewelry choker necklace
FinancialsOct 23, 2026
Kering’s Jewelry Sales Up Double Digits in Q3

Boucheron and Pomellato had a strong third quarter, with Kering looking at jewelry as an increasingly important part of its portfolio.

Stock image of crime scene tape and police cars
CrimeOct 22, 2026
Jeweler Shot and Killed in His Suburban Cincinnati Store

Tara Sinchuri was the owner of Everest Jewels in Fairfield, Ohio, and a father of three. He was found dead in his store on Tuesday.

×

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