The new showcase dedicated to Italian jewelry design is set for Oct. 29-30.
Document Outlining Cutting of Cullinan Headed to Auction
Estimated to sell for between $2,600 and $3,900, the lot also includes a paste replica of the rough diamond and its resulting cut stones.

London—A history buff could soon be the owner of the original document outlining the cutting and cleaving of the historic Cullinan diamond.
At Bonhams’ London Jewels sale scheduled for April 30, the auction house will put on the block the historic document that facilitated the cutting of the world’s largest rough diamond.
Dated Jan. 29, 1908, the original manuscript is for the ‘Agreement for the Inspection of the Cullinan Diamond’ between the representatives of King Edward VII and London diamond brokers M.J Levy & Nephews.
This document brokered the handling and cutting of the 3,106-carat Cullinan diamond—which remains the largest gem-quality rough diamond ever discovered—by the renowned Asscher Company to create the nine principal Cullinan Diamonds, Bonhams said.
It appointed M.J Levy and Nephews as “inspectors” of the Cullinan and outlines the parameters and guidelines of how it had to be handled, as well as the duties of each party.
The auction lot includes the original documents as well as a paste replica of the Cullinan as it appeared in its rough form and two replica sets of the nine principal diamonds cut from the stone.
The lot is estimated to sell for between $2,600 and $3,900.
The Cullinan rough diamond was discovered near Pretoria, South Africa, in 1905. So large it was believed to be a piece of rock crystal instead of a diamond, the rough was named after Thomas Cullinan, chairman of the mine where it was found.
The stone initially failed to find a buyer and was eventually sold for £150,000 to the South African Transvaal Colony government in 1907, which then presented it to King Edward VII on his 66th birthday in November of that year as a symbol of South Africa’s loyalty to the Crown, Bonhams said.
After the king received the stone, he was advised by his private secretaries to consult London diamond brokers Messrs M.J. Levy & Nephews about the cutting of the rough given the complexity and risk of the task.
Arthur and Alexander Levy then brokered it to be cut and polished with Asscher in Amsterdam, which had just cut the 995.2-carat Excelsior Diamond in 1903.
Since it wasn’t possible to shape and polish the stone without splitting it, the responsibility fell to Joseph Asscher, the house’s most skilled cleaver, to do the task.
After making stronger tools, he tried again the following week, successfully cleaving the Cullinan rough into two parts—one weighing 1,977 carats and the other 1,040 carats.
These stones were further polished and cut in the months following to create nine main stones, 96 smaller diamonds, and several polished “ends.”
Those nine principal diamonds, named Cullinan I through Cullinan IX, now form part of the collection of the Crown Jewels and the collection of Her Majesty The Queen.
Cullinan I remains the largest polished white diamond in the world, weighing 530.20 carats. It sits on top of the Sovereign’s Sceptre.
The Cullinan II, weighing 317.40 carats, is set at the front of the Imperial State Crown, currently located in the Tower of London.
Bonhams said the agreement documents and paste replicas of the stones were handed down through the business and subsequent owners of M.J. Levy & Nephews.
The auction house said this is the first time they are being offered for sale on the open market.
Details and information on the lot can be found at Bonhams.com.
The Latest

Take a gaze at the sky with this pair of platinum diamond-set star earrings with blue lace agate drops.

In 2026, the jewelry retailer will celebrate a milestone only a small percentage of family-owned businesses survive to see.

You deserve to know what you are selling–to protect your customers as well as your business and your reputation.

Jeffrey Zimmer's decades of leadership at Reeds Jewelers are defined by integrity, a love of sourcing gemstones, and a heart for community.


The holiday catalog for 2025 features never-before-seen images of more than 100 one-of-a-kind masterpieces.

The brand has released a second installment of its collection of traditional and non-traditional commitment heirlooms.

The upcoming show provides savvy retailers with the opportunity to stock their cases with best sellers in advance of the holiday season.

Corey rescued New England chain Day’s Jewelers, preserving its legacy with strong people skills, pragmatism, and a “get-it-done” attitude.

Charles Robinson Shay was sentenced to life in prison plus 120 years while his accomplice, Michael James McCormack, got 75 years.

The Museum of Arts and Design's new exhibition features 75 pieces by the designer, best known for her work in the “Black Panther” films.

Timepieces at Luxury will take place at The Venetian and, like Luxury, will be invitation-only for the first two days.

As chairman of Schwanke-Kasten Jewelers, Tom Dixon has been tasked with honoring the past and shaping the future of the family-run store.

Katty Villapando Lyte and Mica Rencher received a $10,000 grant for their business, Shimmer Culture LLC.

The parents of the Dallas Mavericks rookie bought their engagement ring at a Day’s store in Bangor, Maine, in 1997.

The UK-based brand sourced the gemstones, which are fully traceable, from an artisanal mining community in Tanzania.

The trio of Advent calendars include a version with 18-karat gold and lab-grown diamond jewelry in a red lacquer jewelry box.

Created in collaboration with Nymphenburg Porcelain, the lock is part of a four-piece collection that took two years to bring to fruition.

Jewelry industry veteran Alisa Bunger has taken on the role.

The company and industry leader’s two-decade tenure with De Beers will come to a close at the end of the month.

“The Winter Egg” set the world auction record for a Fabergé piece twice at previous Christie’s sales.

The company will pay 1.5x silver’s current spot price for each pound of silver oxide batteries submitted.

The line includes a “Shadow” series crafted exclusively for the new men’s offering and reimagined styles from the brand’s core collections.

The rough on offer was recovered from a newer area at the Montepuez mine.

The retailer’s new collection of engagement rings and fashion jewelry is set with natural diamonds that are traceable via blockchain.

The champagne colorway in her newest “Ombré” collection combines white and trendy brown diamonds, a departure from her usual vibrant hues.

Kosann partnered with the Museum of Fine Arts, Boston, to create a set of necklaces inspired by the artwork on samurai sword handguards.