100ct Graff Vivid Yellow, 12ct Flawless Pink & 3ct Vivid Blue – at Sothebys
April 17th, 2014 by Noam Flint
There have been a number of exciting colored diamond events thus far this spring, and now collectors and investors have one more dazzling event to add to their calendars.
The Sotheby’s Magnificent Jewels and Noble Jewels auction on May 13 promises to wow attendees with a multitude of rare pieces. The selection includes period gems and special signed jewels from private collections. Some of the items even have noble origins, making them especially covetable. So what stones can you expect to see at the event?
Graff’s 100 carat Vivid Yellow Diamond
Graff 100 carat Vivid Yellow Diamond
The Sotheby’s sale, which is divided into three sessions throughout the day, will feature a wide variety of diamonds, but one that’s especially notable is the 100.09-carat Graff vivid yellow diamond ring, with one of the largest stones of its color ever to be auctioned off.
The diamond, which was originally named the Dream Diamond, was bought in Kimberley, South Africa, by Graff back in 2005 in the rough weighing 190 carats.
It was an intense golden yellow and one of the rarest yellow diamonds I had ever seen. I knew the polished stone within would be more than exceptional”. (Graff to Safdico)
This mesmerizing and exceptional diamond is now estimated at $15 – $25 Million Dollars.
In order to analyze the price estimation of the Graff Vivid Yellow, we tried tracking down similar diamonds – obviously, not an easy task. But since these type of diamonds are quite memorable, we did manage to find one that is very close to it… The Sun Drop Diamond.
The Sun Drop Diamond is a 110 carat pear shaped vivid yellow diamond that was sold by Sotheby’s during November 2011. When it was introduced to the public 2.5 years ago, its price raised few eyebrows but it seems that the undisclosed buyer who paid approximately $12.25 Million did a very good deal
Watch the sale of the Sun Drop:
Two Pinks and a Double Blue
Pink diamonds are some of the most sought-after colored stones, which is why the colored fancy light pink diamond ring is bound to attract some attention at the Sotheby’s event. Though it weighs in at “just” 10.11 carats, the diamond boasts an unusual fancy light pink hue and VS2 clarity. It is expected to fetch between $500,000 and $800,000.
Another fancy pink diamond ring, which weighs 12.07 carats and is internally flawless, is estimated to be sold for $4 million to $7 million.
Among the rarest colored stones are blue diamonds. So it goes without saying that a highlight of this sale will be the fancy vivid blue and fancy intense “toi et moi” diamond ring, which features a 3.08-carat fancy vivid blue diamond and a fancy intense blue stone that weighs 2.83 carats. Both blue diamonds are VVS1 clarity. Even more impressive is the fact that both are potentially flawless. Price estimation – $4 million to $7 million.
12ct Flawless Pink and Vivid Blue Diamond Rings
70.33ct Cushion Cut Diamond
That’s not to say that there aren’t some very alluring colorless diamonds at the upcoming auction as well. Among the white gems that are sure to delight attendees is that in the Magnificent Diamond Ring, which is Type IIa and weighs a whopping 70.33 carats. Not only that, but the diamond is D color and has both excellent symmetry and polish. So it’s no surprise Sotheby’s anticipates the stone to sell for $12 million to $16 million.
Then there’s the 31.34-carat Victory Diamond, which is also D Color and Type IIa. Additionally, this stone is potentially internally flawless and is estimated to fetch between $5 million and $8 million.