Auctions

Document Outlining Cutting of Cullinan Headed to Auction

AuctionsApr 24, 2019

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.

20190424_Cullinan-header.jpg
At Bonhams’ London Jewels sale at the end of the month, the auction house will sell the original document outlining the agreement between the secretaries of King Edward VII and London diamond brokers M.J Levy & Nephews on the cutting and handling of the Cullinan diamond.

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.


An image from the cleaving of the Cullinan rough diamond by Joseph Asscher

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 studying it at length, Asscher created a 6.5-mm deep incision in the diamond over several days. Then, in February 1908, his first attempt to cleave it ended when the blade on his tool broke as soon as he struck the stone.

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.

 

Brecken Branstratoris the senior editor, gemstones at National Jeweler, covering sourcing, pricing and other developments in the colored stone sector.

The Latest

My Next Question, Episode 5: Amanda Gizzi, Michelle Graff, Frank Everett
PodcastsMay 20, 2026
Episode 5: Sotheby’s Frank Everett Puts the Auction Market in Perspective

Everett covers colored stones’ surging popularity, the mellow return of the “Mellon Blue,” and his “The Devil Wears Prada” doppelgänger.

Jewelry scam flyer and police officer handing flyer to elderly man
CrimeMay 20, 2026
NYPD Warns of Jewelry Swap Scams Targeting Seniors

The NYPD is warning elderly New Yorkers to keep their jewelry hidden when walking outside to avoid being a target.

New Adornment & Theory jewelry store in West Town, Chicago
IndependentsMay 20, 2026
Adornment & Theory’s New Store Feels Like Home

Designer Viviana Langhoff has realized her dream of owning a space for her Chicago jewelry store that looks and feels like her brand.

PG-05-SHOT-2-LUCIDA.033 1.png
Brought to you by
All Eyes on Gold Prices. Alternatives to Look For. And What to BEWARE of in Vegas

As gold prices rise, today’s retailers are looking for alternatives at prices that will appeal to wider audiences.

Couture Show Logo
Events & AwardsMay 20, 2026
Here Is Couture’s 2026 Education Lineup

The sessions will run from Friday, May 29, to Sunday, May 31, with one being a live taping of an episode of Couture’s podcast.

Weekly QuizMay 14, 2026
This Week’s Quiz
Test your jewelry news knowledge by answering these questions.
Take the Quiz
Morgan P. Richardson
Lab-GrownMay 20, 2026
Savannah Friedkin Jewelry Names New CEO

Former Stephanie Gottlieb Fine Jewelry executive Morgan P. Richardson is joining the lab-grown diamond jewelry brand.

Audemars Piguet x Swatch white Royal Pop watch
WatchesMay 19, 2026
Here’s the AP x Swatch Pocket Watch That Caused Pandemonium

The $400 pocket watch is a blend of Audemars Piguet’s iconic eight-sided Royal Oak and Swatch’s unserious Pop watches from the ‘80s.

1872x1052-NextGem-2026-National-Jeweler-Advertorial.jpg
Brought to you by
How Modern Training Is Becoming a Competitive Advantage for Jewelry Retailers

With the trade and customer trust in mind, GIA® developed NextGem™ – on-demand training designed specifically for retail.

Chris Ploof Modern Electrum Collection Milgrain Rows and Diamonds Ring
CollectionsMay 19, 2026
Chris Ploof’s New Collection Makes an Ancient Medal Modern

With gold prices on the rise, the “Modern Electrum” collection uses an alternative, non-tarnishing metal alloy composed of gold and silver.

Ellen and Michael Fruchtman
IndependentsMay 19, 2026
Ellen and Michael Fruchtman Retire, Sell Marketing Agency

Fruchtman Marketing has new owners, Erin Moyer-Carballea and Manuel Carballea, and will relocate to Miami.

Peter Smith and National Jeweler contributor
ColumnistsMay 19, 2026
Peter Smith: The (Mostly) Immutable Sales Truths

In a column for the 2026 State of the Majors issue, Smith lists 10 time-tested principles about sales that still ring true.

Edahn Golan, Tenoris co-founder and National Jeweler contributor
ColumnistsMay 18, 2026
Edahn Golan: What a K-Shaped Economy Means for Fine Jewelry

In a column for the 2026 State of the Majors issue, Golan spells out how the growing economic divide in the U.S. is reshaping the market.

Foundrae Limitless Expansion of Joy and Hope Collection Campaign Imagery
CollectionsMay 18, 2026
Foundrae’s New Collection Taps Into Joy

The “Limitless Expansion of Joy and Hope” collection evokes summer through colored gemstones and motifs of butterflies and florals.

Inchiquin emerald
CollectionsMay 18, 2026
Hancocks London Acquires Historic ‘Inchiquin’ Emerald

The jewel, circa 1890, is from the late Victorian era and was owned by descendants of the last high king of Ireland.

JCK Industry Fund Logo
Events & AwardsMay 18, 2026
Here Are the 2026 JCK Industry Fund Grant Recipients

This is what the nine recipients plan to do with the funds.

MJSA Education Foundation and Jewelers of America
Events & AwardsMay 15, 2026
JA, MJSA To Sponsor Roundtable at TJS

The discussion, "Rebuilding the Jewelry Workforce," will take place on Saturday, May 16, in Troy, Michigan.

Three gold rings set with yellow- and brown-hued diamonds
SourcingMay 15, 2026
State of Diamonds: The Way Forward for Natural Diamonds

The jewelry industry is reassessing its positioning as Gen Z reshapes the retail landscape and lab grown continues to gain market share.

DeBeeers_Bridal_Display_Dune_1872x1052.jpg
Supplier BulletinMay 14, 2026
A Diamond Is Forever Continues Desert Diamonds – Bridal Reinvigorated

Sponsored by A Diamond Is Forever

Faceting Apprentice gem cutting school
SourcingMay 14, 2026
State of Colored Stones: The Spirit of Young American Gemstone Cutters

The next generation of lapidarists are entrepreneurial, engaged online, and see the craft as a means for artistic expression.

Ocean Dream diamond
AuctionsMay 14, 2026
‘Ocean Dream’ Makes Waves at Christie’s, Fetching $17M

It was the second auction appearance for the fancy vivid blue-green diamond, which sold for $7.8 million at Christie’s Geneva 12 years ago.

Stock image of police cars with their lights on
CrimeMay 14, 2026
Second Man Arrested in Florida Pawn Shop Shooting

Members of the U.S. Marshals Task Force took a 22-year-old man into custody. He was charged with tampering with evidence.

Stock image of crime scene with police cars and crime scene tape
CrimeMay 13, 2026
JSA’s 2025 Crime Report Shows ‘Concerning’ Rise in Violence

While the overall number of crimes was down, there were more incidences in which robbers pulled out guns, mace, or rammed cars into stores.

Jack Sutton Jewelers
IndependentsMay 13, 2026
New Orleans Jeweler Closing Canal Place Store

Jack Sutton Fine Jewelry is closing its store inside the downtown shopping center after 40 years in business.

Winston Red Diamond painting by Reena Ahluwalia
SourcingMay 13, 2026
Smithsonian Acquires ‘Winston Red’ Diamond Painting

Reena Ahluwalia’s painting of the rare red diamond is the first contemporary painting to join the National Gem Collection.

Anna Maccieri Rossi Ora Wood Sunrise Cuff, Marie Lichtenberg High Jewelry Bandana, Anna Maccieri Rossi Carpe Diem Pendant
TrendsMay 13, 2026
State of Design: Only the Innovative Will Survive

The price of gold has risen, affecting the number of pieces designers make, the materials they use, and how they position themselves.

The Retail Smiths founder and National Jeweler columnist Peter Smith
ColumnistsMay 12, 2026
It’s Official: We’re Getting ‘Brain Rot’ From Watching Short-Form Videos

Peter Smith gives tips on leading meetings, developing marketing, and making trade show appointments in the age of short attention spans.

Jessica McCormack Medallion Capsule Collection Campaign
CollectionsMay 12, 2026
Jessica McCormack Debuts Antique Coin-Inspired Medallions for Summer

The 11-piece “Medallions” capsule collection features five motifs: a crying eye, a heart on fire, a spiral, a flower, and a swallow.

×

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