Orange Diamond Beats Two Sales Record at Christie’s Auction

Rapaport reported that the top lot at Christie’s Geneva autumn sale of magnificent jewels was the Orange, a VS1, fancy vivid orange, pear-shaped diamond. Beating its presale estimate of $17,414,966 to $20,680,273, it sold for $35,540,611, or $2,398,151 per carat.

As quoted in the market news:

‘The Orange’ is the largest fancy vivid orange diamond graded to date by the Gemological Institute of America (GIA) and broke two new world auction records: the world record price per carat for any colored diamond at auction and the world auction record for a fancy vivid orange diamond. It was purchased by a private collector present in the sale room who, for the time being, wishes to remain anonymous.

Click here to read the full Rapaport report.