Graff Unveils 105 Carat D Flawless Diamond

Graff Diamonds has unveiled the 105.07 carat D flawless pear shaped diamond, it has named the Graff Vendôme after its new retail outlet at Place Vendôme in Paris.

The diamond was cut from a 314 carat rough that was recovered in May 2015 at Gem Diamonds’ Letšeng mine, that was named “The Destiny” and sold into a partnership in June of that year according to a statement by the miner.
The stone was cut and polished by Graff’s own master cutters, who first used a 3D computerised mapping system to plan the cut and then laser cut and hand polished the stone over “many months”.
The rough yielded 12 other diamonds, the largest of which was 17.1 carats. Nine of them were of D flawless quality.

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Letseng Mine Yields 114ct. Diamond

Gem Diamonds has found a 114-carat rough diamond at its Letšeng mine in Lesotho, the miner reported Friday.

The discovery of the D-color, type-II stone follows a drop in recovery of large diamonds at the mine, which yielded only five stones above 100 carats last year compared with 11 in 2015.
The deposit is one of the highest-value in the world by average price per carat, producing four of the 20 largest gem-quality white diamonds in history since Gem Diamonds acquired it in 2006.

Source:diamonds.net

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Sotheby's Sells 59.6 carat pink for $94.2 million AUD

Pink Star 59.60 carat diamond

Steinmetz Diamonds owned by Israeli billionaire Benny Steinmetz, spent two years cutting and polishing the Rough diamond. Which was mined by De Beers in Botswana, Southern Africa.

The stone was then worn by Danish model Helena Christensen around her neck to exhibit it to the public for the first time in Monaco in 2003.

Chow Tai Fook a Hong Kong based jewellery retailer bought the 59.6 carat pink diamond for $US 71.2 million (AUD $94.2 million), setting a world record for any gem.

The world’s largest jeweller Chow Tai Fook, was founded in 1929, operating more than 2,000 stores throughout greater China.

The Pink star is highest colour grade of vivid pink, and the highest purity of IF.