Auctions

Christie’s to Offer 100-Carat Diamond at Auction This Spring

AuctionsApr 20, 2021

Christie’s to Offer 100-Carat Diamond at Auction This Spring

The D-color, internally flawless diamond leads the Geneva Magnificent Jewels auction.

This 100-carat diamond dubbed “The Spectacle” leads Christie’s Geneva’s Magnificent Jewels sale next month. (Image courtesy of Christie’s Images Ltd. 2021)
Geneva—Next month, Christie’s will unveil an appropriately-named spectacular diamond, “The Spectacle.”

Alrosa dug up the stone in 2016. Weighing 207.29 carats in its rough form, it is the largest gem-quality stone to be recovered from the Zarnitsa pipe at the Udachny Mining and Processing Division. 

Zarnitsa was the first major diamond deposit found in Russia in 1954, although Alrosa did not begin mining there until 1998, focusing first on the more accessible Udachny pipe. 

Now, Christie’s will broker the sale of the enormous diamond’s polished result at the Geneva Magnificent Jewels sale.

The Spectacle weighs 100.94 carats and is D color and internally flawless. It’s expected to sell for between $12 million and $18 million. 

 Related stories will be right here … 

Alrosa cut the stone in Moscow at its “Diamonds of Alrosa” factory. According to Christie’s, The Spectacle is the largest stone to have ever been cut in Russia.

The stone’s nearly perfect clarity allowed Alrosa to cut it into an emerald shape, a cut which is incompatible with imperfections.

Though $18 million is Christie’s high-end estimate, the auctioneer is undoubtedly hoping it fetches a bit more at the May 12 sale at Geneva’s Four Seasons Hotel des Bergues.

In the last 10 years, the auction house has offered two other significant D-color diamonds at the Geneva Magnificent Jewels sale: the 101.73-carat flawless “The Winston Legacy” in 2013 for $26.7 million and the 163.41-carat flawless “Creation I” in 2017 for $33.7 million. 
Ashley Davisis the senior editor, fashion at National Jeweler, covering all things related to design, style and trends.

The Latest

Policies & IssuesSep 28, 2021
Vaccine Mandate Raises Questions for Retailers

NRF and RILA say their members need more information and will need more time before requiring employees to get vaccinated.

MajorsSep 28, 2021
Pandora Taps Gen Z Star Addison Rae for Ad Campaign

It also features Charli XCX.

TechnologySep 28, 2021
NDC’s Assure Program Adding Mounted Jewelry Testing

Assure has also enlisted a second lab for testing, at the University of Antwerp in Belgium.

Brought to you by
Bringing Sexy Back: The Allure of COUTURE, Italian Style

Take a tour of Italian designers at COUTURE 2021.

Events & AwardsSep 28, 2021
There’s Still Time to Get Early-Bird Tickets to WJA Awards for Excellence

The in-person and virtual event is slated for Oct. 20.

Weekly QuizSep 23, 2021
This Week's Quiz
Test your knowledge of jewelry news from the week of Sept. 20-24, 2021.
Take the Quiz
Events & AwardsSep 28, 2021
Pattons Fine Jewelry Takes Home 3 Awards from Louisiana Jewelers Convention

They included the Jewelers of Louisiana’s top honor as well as two design awards.

EditorsSep 27, 2021
4 Takeaways from the First HardRock Summit

Senior Editor Brecken Branstrator shares insights from the show, including what people have been buying and where it could go from here.

Brought to you by
What is your Health Care Coverage Strategy?

Health care coverage is a big expense for small businesses - find out how to lower costs long-term instead of every 12 months.

CollectionsSep 27, 2021
Gabriel & Co. Launches Men’s Collection

The fine jewelry design company has a dedicated men’s fine jewelry collection and a men’s wedding band array.

×