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Fancy Vivid Orange Diamond

World's largest vivid organge diamond sold for $35m

GENEVA - 12. November 2013 - What has been classed as the largest "vivid orange diamond in the world", the 14.84-carat diamond has been sold at Christie's auction for $35 million.

This is the highest price paid per carat for any diamond at auction, at $2.36m per carat. At 14.84-carat weight, this is the largest "fire diamond" ever sold. The previous record for a fire diamond being sold was just short of 6 carats, making this a truly rare diamond sale.

Double the expected price

When the auction was announced a month ago, it was expected that the diamond will attract $17-20 million price. So, the actual sale was nearly double of the low-end expected price.

There were also other items offered at the auction, including rare gems and royal treasures. These cam from the collection of the Bolivian mining tycoon Simón Itturi Patino and Parisian socialite Madame Hélene Rochas. The rare rubies and sapphires all originate from Burma, which is famous for these semi-precious stones.

Typical Burma - Myanmar - traditional-style buildings
Now known as Myanmar, Burma is valued on precious
and semi-precious
stones market for its rubies and sapphires. 
(Image by Pixabay.com)

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