Flawless gem goes under the hammer

PUBLISHED : Thursday, 03 April, 2008, 12:00am
UPDATED : Thursday, 03 April, 2008, 12:00am

Sotheby's is offering the largest pear-shaped D colour flawless diamond to have ever appeared at an auction in Asia. The diamond will be auctioned next Thursday as part of its jewels and jadeite spring sale.

Weighing in at 72.22 carats, this gem, cut from an original 188.11 carat rough diamond, is impeccable in every way, including carat weight, colour, cut and clarity. It is also prized for its Gemological Institute of America's graded excellent polish and symmetry, in addition to its desirable pear shape.

This majestic stone is expected to go for about HK$78 million to HK$100 million.

'Asian collectors are among the most discerning, and are always seeking the best in paintings, works of art and items of rarity on offer,' said Quek Chin Yeow, deputy chairman and head of the jewellery department at Sotheby's Asia. 'Of purest type IIA material, whitest D colour of flawless clarity with excellent polish and symmetry, this superb pear-shaped diamond of 72.22 carats boasting a graceful outline will be the highest value gem on offer at auction in Asia.'

Sotheby's has auctioned some of the world's most exquisite and expensive diamonds, including the 84.37 carat Chloe diamond sold for US$16million in Geneva last year, and a 100.10 carat pear-shaped diamond at US$16.5million in May 1995, which remains to date, the most expensive diamond and jewel ever to have been sold at an auction. In Hong Kong, a 6.04 carat blue diamond ring broke a two decade world auction record last year, selling for the highest price per carat for any gemstone, at an astounding HK$61million.