Golconda pink diamond auctioned for record $34 million at Geneva
One of a kind
With a drawn-out round of rapid-fire bidding starting at 20 million francs, the necklace was finally sold to a telephone bidder, who wished to remain anonymous, for well above the asking price of 25 million.
But some had expected The Art of Grisogono, which Christie's described as a "masterpiece of unparalleled beauty and exquisite workmanship", to fetch even more.
The biggest diamond
The rough was analyzed in Antwerp and cut in New York, where a team of 10 diamond-cutting specialists were involved in mapping, plotting, cleaving, laser-cutting and polishing the giant rough rock into a polished, flawless diamond.
The pink stone originally dug out of the ancient mines of Golconda in south-central India, sparkled on the crowns of Louis XV and Louis XVI, who was guillotined during the French Revolution.
And it graced the crown of Napoleon I, Napoleon III and Empress Eugenie, among others.
This marks "a new world-record price for a D colour diamond at auction," Rahul Kadakia, auctioneer and head of Christie's international jewels division