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100.09-carat Graff Vivid Yellow Diamond Sells for $16,347,847

Charlotte McLeod
May. 15, 2014 09:53AM PST
Gem Investing

Rapaport reported that Sotheby’s Magnificent Jewels and Noble Jewels auction in Geneva, held on Tuesday, set a new world auction record for a jewelry sale by bringing in $141,492,079.

Rapaport reported that Sotheby’s Magnificent Jewels and Noble Jewels auction in Geneva, held on Tuesday, set a new world auction record for a jewelry sale by bringing in $141,492,079.

As expected, the top lot was the 100.09-carat Graff Vivid Yellow diamond, which an anonymous buyer bought for $16,347,847. That’s a new world auction record for a yellow diamond.

David Bennett, chairman of Sotheby’s Switzerland and chairman of the jewelry division for Europe and the Middle East, commented:

100 carats is a magical number when it comes to diamonds. With its exceptional size and a superb daffodil color, the Graff Vivid Yellow is a truly extraordinary diamond with immense presence. These rare qualities led to the record price achieved tonight. Throughout the day, we witnessed intense bidding from all corners of the globe for exceptional diamonds, gemstones and signed jewels. Once again, fine pieces with important provenance were highly sought after. We were particularly pleased by the excitement surrounding Suzanne Belperron’s creations, which further confirms her reputation as one of the greatest jewelry designers of the 20th century.

Click here to read the full Rapaport report.

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Rough, yellow diamond against a blue background.

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