​Geneva Diamond Trumpets Record Sale Of $26.7 Million​​

May 17, 2021

A Geneva 101.73 carat diamond, unearthed in Botswana, brought in $26.7 million at Christie’s auction house on Wednesday night.

The dazzling gem brought in over a quarter of Christie’s sales, which totaled $102 million.

“A perfect diamond commands a perfect price,” Christie’s trumpeted on Twitter of the record sale price for the largest D-color flawless diamond ever offered at auction — a whopping 101.73 carats that took 21 months to polish.”

Christie’s head of jewelry, Rahul Kadakia, says the diamond “has literally been sculpted like a work of art.”

Accord to Christie’s, the diamond is considered perfect because of its color and its flawless clarity. It’s also pear-shaped and completely symmetrical with a rare brilliance.

The remarkable Geneva diamond was purchased by Harry Winston, Inc., which is an American luxury jeweler and producer of Swiss timepieces.

“This looks like one for the books,” notes industry publication JCK Magazine, adding that the diamond is also a “Type IIa.” Less than 2 per cent of all natural diamonds in the world fall into this category.

These diamonds are almost or entirely devoid of impurities, and therefore, are consistently colorless and have the paramount thermal conductivity.