Christie’s sells Archduke Joseph Diamond for $21.5 million

0
34

Christie’s sells Archduke Joseph Diamond for $21.5 million

LONDON, November 14, 2012 – Christie’s sold the historic Archduke Joseph Diamond at its Geneva auction of Magnificent Jewels on November 13 for US$21,474,525 / SFr.20,355,000 (US$282,545 per carat), setting a new world record at auction for a colourless diamond.
The buyer of the Archduke Joseph Diamond, a cushion-shaped D colour internally flawless Golconda diamond of 76.02 carats, was not identified.
Christie’s sells Archduke Joseph Diamond for $21.5 million
“In the busiest saleroom witnessed at the Four Seasons hotel des Bergues in Geneva in recent years, the Archduke Joseph Diamond of 76.02 carats sold for $21.5 million,” said François Curiel, President of Christie’s Switzerland and International Director of Christie’s Jewellery Department.
“The historic gem led Christie’s jewellery auction which totalled US$85 million.”
Alfredo J. Molina, the diamond’s former owner and CEO of America’s Black, Starr & Frost jewelers said: “I am thrilled but not surprised that the Archduke Joseph Diamond should have fetched such a high price.
“It is considered the finest and largest perfect Golconda diamond ever to appear at auction, with a noble lineage and royal provenance.
“I was blessed to be the Archduke’s guardian and champion for the past 13 years, and indeed it has become part of my very identity.”