The question now arises: is it easy to find a flawless diamond, or is it so rare that one cannot easily find it? Since these diamonds require several severe prerequisites to be met before being developed, they are very difficult to procure.įans and buyers are interested in such gemstones, but it is not easy for them to find them. Since no diamond is completely free of flaws, it is hard to find the ones with an FL grade, and less than 1% of all diamonds get this grade. Therefore, diamonds with top clarity grades that have no defects within are called “flawless diamonds.” * “The Star of Happiness,” a 100.36-carat D-color, internally flawless, step-cut diamond sold for $11.9 million (price per carat $118,397) at Sotheby’s Geneva, November 1993.Starting with the word “flawless,” what do you think this means? It refers to anything that does not have any imperfections or defects. * “The Mouawad Splendour,” a 101.84-carat, D-color, internally flawless modified pear-shaped diamond sold for $12.8 million (price per carat $125,295) at Sotheby’s Geneva, November 1990 * “The Star of the Season,” a 100.10-carat, D-color, internally flawless, pear-shaped diamond sold for $16.4 million (price per carat $164,223) at Sotheby’s Geneva, May 1995 * A 163.41-carat D-color, flawless, type IIa rectangular diamond sold for $33.7 million (price per carat $206,266) at Christie’s Geneva, November 2017 * “The Ultimate Emerald-Cut,” a 100.20-carat, D-color, internally flawless, type IIa, step-cut diamond Weighing sold for $22.1 million (price per carat $220,459) at Sotheby’s New York, April 2015 * “The Winston Legacy,” a 101.73-carat, D-color, flawless, type IIa, pear-shaped diamond sold for $ 26.8 million (price per carat $254,400) at Christie’s Geneva, May 2013 * A 118.28-carat oval D-color, flawless, type IIa, flawless, oval diamond sold for $30.8 million (price per carat $260,252) at Sotheby’s Hong Kong, October 2013 D color flawless or internally flawless diamonds of more than 100 carats sold at auction As of the end of 2019, close to 40% of the mine site had been reclaimed and re-vegetated. The Victor Mine ceased production in 2019 and is undergoing a reclamation program. A total of 8.1 million carats of diamonds were recovered over the more than a decade it was in production. The Victor Mine, first discovered by the De Beers Group in 1987, opened in July 2008 to become Canada’s first economically viable diamond deposit discovery and the only such mine in the Canadian province of Ontario. Following its discovery, the rough was cut and polished over a year by Diacore, a specialists in sourcing, cutting and polishing extraordinary diamonds. The 102.39-carat diamond was cut and crafted from a 271-carat rough, the largest diamond discovered in the Victor Mine, Ontario, Canada, in 2018. The wider comprehension that as the hardest material on earth, this wonder of nature will outlive us for millions more years is certainly another factor for the strength of the demand.” “Never before has the appreciation for world-class diamonds been so acute in the world and more and more people have come to understand that something billions of years old and of the size of a lollipop can store as much value a Rembrandt self-portrait or a Basquiat. “This stunning diamond is the best of the best when it comes to exceptional white diamonds and it is difficult to overstate its rarity and beauty,” Gary Schuler, worldwide chairman of Jewelry, said in a statement. This 102.39-carat, D-color, flawless, oval diamond will be sold in a combined online and live. The auction house describes the diamond as “perfect,” not only because of its top color and clarity grades, but also for its “excellent polish and symmetry.” This innovative sale seems to us the best way to introduce this exceptional diamond to the world in the current circumstances where travel is restricted and act as a great indicator of the vitality of the demand.” Diamonds of this caliber attract interest well beyond the traditional pool of collectors. Demand has shown tremendous resilience during the first part of the year and we feel it is now time to let the market speak. “The conjuncture offers many opportunities to do things differently. We have been at the forefront of change in the Fine Art and watch categories, with new, pioneering auction formats, and this season, we want to extend this approach to our jewelry sales,” Wong said in a statement. “It has been a few deeply transformative months for the auction market. Sotheby’s has not placed an estimate on this 102.39-carat, D-color, flawless, oval diamond Sotheby's
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