Golden Canary and emerald ring were sold at high price

The Golden Canary fetched $US12.4 million ($AU18.35 million) at Sotheby’s Magnificent Jewels in New York, becoming the third most valuable yellow diamond to be sold at auction.

Golden Canary becomes third most valuable yellow diamond sold

Originally known as the Incomparable Diamond and discovered in the Democratic Republic of Congo in the 1980s, the diamond was recut from its previous 407-carat shield shape to deepen the colour. The diamond was discovered as an 890-carat rough.

 

Image: Cedric Ribeiro

Golden Canary

 

The 303-carat pear-shaped fancy colour brown-yellow diamond is the largest diamond to have been graded as internally flawless by the Gemological Institute of America.

In an unusual twist the auction began without a reserve price and Quig Bruning, head of jewellery at Sotheby’s, said it was a diamond with ‘presence’. “The Golden Canary captivated me from the moment I saw it — with its monumental size, golden hue and impeccable clarity — it is truly an extraordinary diamond with immense presence,” he said.

 

Emerald impresses

The emerald ring was discovered on the Atocha, a Spanish vessel that sunk in 1622.

 

Image: Sotheby's

Emerald impresses

 

A 5.27-carat emerald that was salvaged from the shipwreck of the Nuestra Señora de Atocha after nearly 400 years also proved popular, fetching $US1.2 million ($AU1.78 million) after frenzied bidding from 18 participants. The emerald exceeded its pre-sale estimate of $US70,000 ($AU103,000) by 17 times.

source : jewellermagazine.com

 

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2023 Jan 29

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