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On 10 December 2008, the 35.56-carat (7.112 g) Wittelsbach Diamond was sold to London-based jeweller Laurence Graff for £16.4 million sterling, or US$23.4 million, at the time the highest price ever paid at auction for a diamond. (The previous record had been held by a pear-shaped 100-carat (20 g) stone named the Star of the Season.) The ...
The Paragon diamond was acquired by Graff in 1989. The Paragon is a 7-sided diamond of 137.82 carats (27.564 g), cut, [13] [14] and was worn as part of "millennium" necklace of round, pink, blue and yellow diamonds by Naomi Campbell in 1999. [15] The Lesotho Promise was acquired as a rough 603-carat (120.6 g) stone for $12.4 million in 2006. [16]
Since the per carat price of diamond shifts around key milestones (such as 1.00 carat (200 mg)), many one-carat diamonds are the result of compromising cut for carat. Some jewelry experts advise consumers to buy a 0.99-carat (198 mg) diamond for its better price or buy a 1.10-carat (220 mg) diamond for its better cut, avoiding a 1.00-carat (200 ...
Stones near the top of a size band (or rarer fancy coloured varieties) tend to be uprated slightly. Some of the price jumps are related to marketing and consumer expectations. For example, a buyer expecting a 1 carat (200 mg) diamond solitaire engagement ring may be unwilling to accept a 0.99 carats (198 mg) diamond. [citation needed]
In 2008, the Wittelsbach Diamond, a 35.56-carat (7.112 g) blue diamond once belonging to the King of Spain, fetched over US$24 million at a Christie's auction. [58] In May 2009, a 7.03-carat (1.406 g) blue diamond fetched the highest price per carat ever paid for a diamond when it was sold at auction for 10.5 million Swiss francs (6.97 million ...
Now popular in engagement rings, this usage dates back to the marriage of Maximilian I to Mary of Burgundy in 1477. [17] A popular style is the diamond solitaire, which features a single large diamond mounted prominently. [18] Within solitaire, there are three categories in which a ring can be classified: prong, bezel and tension setting. [19]
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