Christie’s to Sell 24carat Marilyn Monroe Diamond

Christie’s is set to auction a 24 carat diamond necklace that Marilyn Monroe wore for the premiere of her 1953 movie Gentlemen Prefer Blondes.

The fancy yellow, VS2 clarity Moon of Baroda which originated from the famous Galconda mine that also produced the Hope Diamond  is estimated at $500,000 to $750,000. Christie’s will also auction an autographed photo of the actress wearing the stone, it said Wednesday.

The picture carries a presale valuation of $10,000 to $15,000. 
The 24.04 carat stone was first documented in the 15th century as part of the collection of the Gaekwads of Baroda, the ruling family of India. After disappearing for a few centuries, the piece turned up in the US in 1926, brought there by Prince Ramachandra, who then sold it.
In the 1950s, the Moon of Baroda was acquired by Meyer Rosenbaum, the president of Meyer Jewelry Company. Rosenbaum loaned it to Monroe for the opening of the film Gentlemen Prefer Blondes, in which she sings “Diamonds Are a Girl’s Best Friend.”

In 1990, Christie’s auctioned the diamond in New York for $297,000. It subsequently remained out of the public eye for more than two decades.

“After 28 years, it has once again reappeared at Christie’s, only this time, the diamond has been classified as a historical diamond,” the auction house said.

Christie’s will preview the Moon of Baroda in Los Angeles from October 16 to 20, auctioning it at its Hong Kong Magnificent Jewels sale on November 27.

Main image: The 24.04-carat Moon of Baroda.

(Christie’s)

Side image: Marilyn Monroe wearing the necklace. (Frank Powolny)

Source: DIamonds.net

Christie’s to Sell 24carat Marilyn Monroe Diamond

Christie’s is set to auction a 24 carat diamond necklace that Marilyn Monroe wore for the premiere of her 1953 movie Gentlemen Prefer Blondes.

The fancy yellow, VS2 clarity Moon of Baroda which originated from the famous Galconda mine that also produced the Hope Diamond  is estimated at $500,000 to $750,000. Christie’s will also auction an autographed photo of the actress wearing the stone, it said Wednesday.

The picture carries a presale valuation of $10,000 to $15,000. 
The 24.04 carat stone was first documented in the 15th century as part of the collection of the Gaekwads of Baroda, the ruling family of India. After disappearing for a few centuries, the piece turned up in the US in 1926, brought there by Prince Ramachandra, who then sold it.
In the 1950s, the Moon of Baroda was acquired by Meyer Rosenbaum, the president of Meyer Jewelry Company. Rosenbaum loaned it to Monroe for the opening of the film Gentlemen Prefer Blondes, in which she sings “Diamonds Are a Girl’s Best Friend.”

In 1990, Christie’s auctioned the diamond in New York for $297,000. It subsequently remained out of the public eye for more than two decades.

“After 28 years, it has once again reappeared at Christie’s, only this time, the diamond has been classified as a historical diamond,” the auction house said.

Christie’s will preview the Moon of Baroda in Los Angeles from October 16 to 20, auctioning it at its Hong Kong Magnificent Jewels sale on November 27.

Main image: The 24.04-carat Moon of Baroda.

(Christie’s)

Side image: Marilyn Monroe wearing the necklace. (Frank Powolny)

Source: DIamonds.net

177 Carat Diamond Among the Stars of the Arctic

The three diamonds dubbed the “Diavik Stars of the Arctic” are, from left to right, the 177.71 carat “Vega,” the 24.82 carat “Capella” and the 59.10 carat “Altair.” Rio Tinto is offering the diamonds via tender, with bids closing later this month.

Known collectively as the “Stars of the Arctic,” the biggest of the three is “Vega of the Arctic,” a 177.71 carat rough diamond Vega Arctic Rough Diamondthat Rio Tinto said is one of the largest and most valuable gem quality diamonds to ever come out of Canada.


Source: DCLA

177 Carat Diamond Among the Stars of the Arctic

The three diamonds dubbed the “Diavik Stars of the Arctic” are, from left to right, the 177.71 carat “Vega,” the 24.82 carat “Capella” and the 59.10 carat “Altair.” Rio Tinto is offering the diamonds via tender, with bids closing later this month.

Known collectively as the “Stars of the Arctic,” the biggest of the three is “Vega of the Arctic,” a 177.71 carat rough diamond Vega Arctic Rough Diamondthat Rio Tinto said is one of the largest and most valuable gem quality diamonds to ever come out of Canada.


Source: DCLA

ALROSA Uncovers Largest Yellow Diamond Find So Far This Year

ALROSA subsidiary JSC Almazy Anabara has recovered a 28.59 carat rough diamond of deep greenish yellow hue the biggest yellow found so far this year.

ALROSA said that following an appraisal, the color of the stone has been

The diamond, discovered at Ebelyakh placer deposit in July, has dimensions of 11.40 x 19.00 x 17.50 mm, and has “insignificant colorless inclusions on the surface,” the miner said.

“This stone is unique because nature seemed to have prepared it for cutting in advance and gave it a pear-like shape,” said Evgeny Agureev, a Member of the Executive committee, and Director of the United Selling Organization of ALROSA.

The United Selling Organization and the company’s cutting division, DIAMONDS ALROSA, have yet to study the diamond and decide whether to auction it as a rough stone or to cut and polished it.

The Almazy Anabara is a leader in producing fancy colored stones. In 2017, it produced a 27.85 carat pure pink diamond the largest pink stone in ALROSA’s history, and a large 34.17 carat vivid yellow diamond.

ALROSA plans to focus its cutting division on the processing of large and colored diamonds and the subsequent sales.

Starting this year, ALROSA has been sorting colored diamonds according to a new technology, that includes almost all hues and color grades. Most of these diamonds are processed by DIAMONDS ALROSA the company’s polished diamond unit.

ALROSA produces at least 7,000 carats of colored diamonds per year. In September, it held a True Colors auction in Hong Kong, where it showcased a collection of 250 diamonds of different shapes and hues.

The company said it plans to run such auctions regularly.

Source: DCLA

ALROSA Uncovers Largest Yellow Diamond Find So Far This Year

ALROSA subsidiary JSC Almazy Anabara has recovered a 28.59 carat rough diamond of deep greenish yellow hue the biggest yellow found so far this year.

ALROSA said that following an appraisal, the color of the stone has been

The diamond, discovered at Ebelyakh placer deposit in July, has dimensions of 11.40 x 19.00 x 17.50 mm, and has “insignificant colorless inclusions on the surface,” the miner said.

“This stone is unique because nature seemed to have prepared it for cutting in advance and gave it a pear-like shape,” said Evgeny Agureev, a Member of the Executive committee, and Director of the United Selling Organization of ALROSA.

The United Selling Organization and the company’s cutting division, DIAMONDS ALROSA, have yet to study the diamond and decide whether to auction it as a rough stone or to cut and polished it.

The Almazy Anabara is a leader in producing fancy colored stones. In 2017, it produced a 27.85 carat pure pink diamond the largest pink stone in ALROSA’s history, and a large 34.17 carat vivid yellow diamond.

ALROSA plans to focus its cutting division on the processing of large and colored diamonds and the subsequent sales.

Starting this year, ALROSA has been sorting colored diamonds according to a new technology, that includes almost all hues and color grades. Most of these diamonds are processed by DIAMONDS ALROSA the company’s polished diamond unit.

ALROSA produces at least 7,000 carats of colored diamonds per year. In September, it held a True Colors auction in Hong Kong, where it showcased a collection of 250 diamonds of different shapes and hues.

The company said it plans to run such auctions regularly.

Source: DCLA

Blue Diamond Sells for $14M at Sotheby’s

Sotheby’s brought in a total of $40.2 million at its Hong Kong auction Wednesday as a 5 carat blue diamond fetched $13.8 million.

The price of the step cut, fancy vivid blue, named the Ai diamond, after the Chinese word for love, fell within its estimate of $12.5 million to $15.3 million. The final selling price translated to $2.8 million per carat.

Another blue diamond a pear shaped, fancy intense blue weighing 3.47 carats sold for $3.1 million at the Magnificent Jewels and Jadeite auction against a pre-sale estimate of $2.7 million to $3.6 million.

A step cut, 18.45 carat, D color, VVS2 clarity diamond ring fetched $2.3 million, smashing its estimate of $1.3 million to $1.7 million.

However, only one piece out of a collection of jewels by designer Wallace Chan found a buyer: a pair of jade and diamond earrings, estimated at $70,160 to $108,430, which went for $87,700.

Several jewels by Harry Winston, Van Cleef & Arpels and Cartier also sold at the auction.

Sotheby’s sold 65% of all lots on offer, it said.

Source: Diamonds.net