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

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.

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.

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.

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.

Weekly QuizMay 07, 2026
This Week’s Quiz
Test your jewelry news knowledge by answering these questions.
Take the Quiz
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.

Antique Jewelry & Watch Show
Brought to you by
Discover Timeless Treasures: A Showcase of Antique Jewelry & Timepieces in Las Vegas

Gain access to the most exclusive and coveted antique pieces from trusted dealers during Las Vegas Jewelry Week.

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.

People shopping in a jewelry store
IndependentsMay 12, 2026
State of Retail: 6 Things Retailers Should Know About Consumers Today

From Gen Z’s view of luxury to “doom spending,” these are the six consumer trends to note this year.

Tiffany & Co. x CFDA Jewelry Designer Award
Events & AwardsMay 12, 2026
The Tiffany & Co. x CFDA Jewelry Designer Award Is Back

The partners have announced the second cycle of the program, which has expanded to include a $25,000 student scholarship.

Merle, Juanita, and Brent Staats of Staats Jewelers
IndependentsMay 11, 2026
Kansas Jeweler Closing After 70 Years

The owners of Staats Jewelers are heading into retirement.

Former Macy’s CEO Jeffrey Gennette
TrendsMay 11, 2026
Former Macy’s CEO Joins Signet Jewelers Board

Jeffrey Gennette, who retired in 2024 after 41 years with Macy’s, is the newest member of the jewelry retailer’s board of directors.

Buddha Mama gold earrings hexagon emerald
TrendsMay 11, 2026
Amanda’s Style File: Lucky May

May babies are lucky to have emeralds, a gemstone admired for centuries, as their birthstone, writes Amanda Gizzi.

Clientbook Logo
TechnologyMay 11, 2026
Clientbook’s New Tool Helps Jewelers Plan In-Store Events

The new module allows retailers to plan, promote, and measure the success of events from a single dashboard.

Pandora lab grown diamond necklace
Lab-GrownMay 08, 2026
NDC Publicly Criticizes Pandora Over ‘Misleading’ Natural Diamond Claims

NDC said in an open letter that Pandora’s statements about the carbon footprint of lab grown versus natural diamonds are inaccurate.

Ronnie VanderLinden and Feriel Zerouki
SourcingMay 08, 2026
Ronnie VanderLinden Takes Over as WDC President

The diamantaire and industry leader succeeds Feriel Zerouki and said he will focus on being a “champion” for natural diamonds.

Glenn Spiro Old Moghul Golconda Earrings
TrendsMay 08, 2026
Rihanna Chooses ‘Desert Diamonds’ for 2026 Met Gala

She wore our Piece of the Week, Glenn Spiro’s “Old Moghul Golconda” earrings, featuring fancy brown-yellow diamonds totaling 51.90 carats.

Kennedy’s Jewelers tourmaline necklace
Events & AwardsMay 08, 2026
JA Announces 2026 CASE Award Winners

Two pieces were named “Best in Show,” one from the retail category and one from the supplier category.

Brilliant Earth Jane Goodall olive branch necklace and earrings
FinancialsMay 07, 2026
Brilliant Earth Appeals to Higher-Income Shoppers in Q1

The jewelry retailer noted resilience among its higher-end customers while demand softened for its lower-priced offerings.

Kashmir sapphire ring
AuctionsMay 07, 2026
‘Spectacular’ Kashmir Sapphire Headlines Heritage Spring Jewelry Sale

Led by the 6.59-carat sapphire, the sale garnered $9.7 million, a record total for a Heritage jewelry auction.

Billy Welshoff
MajorsMay 07, 2026
Gannon & Scott Names New Regional Account Executive

In his new role, sales specialist Billy Welshoff will focus on the eastern United States.

José Gaztelu
WatchesMay 07, 2026
Chrono24 Names New CEO

José Gaztelu has been promoted to the role, which has been vacant since last year.

Jewelers of America Logo
Events & AwardsMay 07, 2026
JA Accepting Applications for 2026 Scholarship Program

It has also opened the application period for the Seymour & Evelyn Holtzman Bench Scholarship through June 30.

White and yellow rough diamonds from the Ekati Diamond Mine
SourcingMay 06, 2026
Canada’s Oldest Diamond Mine Faces Uncertain Future

The owner of the Ekati mine, which opened in 1998, has filed for insolvency protection amid the significant decline in diamond prices.

×

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