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Asian buyer pays record price for rare Vivid green diamond - Daily News Egypt

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Asian buyer pays record price for rare Vivid green diamond

An unidentified Asian buyer paid a record $3.07 million (?2.05 million) for a rare 2.52 carat Vivid green diamond at an auction in Geneva late Tuesday, auctioneers Sotheby s said. Sotheby s said it was the highest price ever paid for a green diamond, which was also the largest of its kind ever to appear …


An unidentified Asian buyer paid a record $3.07 million (?2.05 million) for a rare 2.52 carat Vivid green diamond at an auction in Geneva late Tuesday, auctioneers Sotheby s said.

Sotheby s said it was the highest price ever paid for a green diamond, which was also the largest of its kind ever to appear at auction.

Green and red diamonds are regarded as the rarest among colored diamonds, but the Vivid Green nonetheless fell below the auctioneer s estimate of $3.1 million to $5.12 million.

However, a set composed of a ruby and diamond necklace and matching earrings that belonged to a 19th century British duchess fetched $5.77 million, five times its estimate, during the autumn jewelry sale in Geneva.

The Roxburghe Rubies, a magnificent suite comprising a ruby and diamond riviere necklace and earrings, the property of Mary, Duchess of Roxburghe, attracted extraordinary pre-sale attention at exhibitions around the world both for the quality of the rubies and the significant historical provenance, said David Bennett, Sotheby s Chairman of Jewelry for Europe and the Middle East.

The necklace, made in 1884, was created with 24 cushion-shaped rubies and 24 similarly cut diamonds, mounted in silver and gold.-AFP

Topics: Coalition

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