No record for “The Rock”, largest white diamond ever auctioned


The final price achieved by “The Rock”, which sold for almost 17.8 million euros yesterday in Geneva, was disappointing. The largest white diamond ever auctioned by Christie’s did not exceed the expected sales record in its category, below the experts’ estimates.
This rare 228.31 carat diamond, the size of a golf ball, was sold on Wednesday 11 May for a much lower amount than the last record in its category. Indeed, although “The Rock” is the largest white diamond ever sold at auction, it did not beat the last record set by Christie’s in 2017 in Geneva for a 163.41 carat white diamond that sold for $33.7 million.
Voir cette publication sur Instagram
Une publication partagée par Christie’s Jewellery (@christiesjewels)
The Rock” was estimated to fetch between $20 million and $30 million (€19 million and €28.4 million), but auctioneer Rahul Kadakia, Christie’s International Head of Jewellery, lowered his hammer after just a few minutes to CHF18.6 million (€17.8 million).
“This is a truly exceptional pear-shaped diamond” and “it is perfectly symmetrical”, commented Max Fawcett, Head of Christie’s Jewellery Department, shortly before the sale.
The stone was extracted from a South African mine in the early 2000s. The diamond was worn on a necklace from the prestigious Maison Cartier by its last owner.
Read also > CHRISTIE’S GENEVA PRESENTS THE LARGEST WHITE DIAMOND EVER AUCTIONED
Featured photos : © Christie’s
What's Your Reaction?

[EN] CLAIRE DOMERGUE, A SPECIALIST IN COMMUNICATION IN THE LUXURY SECTOR, HAS SURROUNDED HERSELF WITH EXPERTS TO CREATE THE FIRST MEDIA DEDICATED TO THE ECONOMIC NEWS OF LUXURY AND FASHION. THE LATTER DRAWS THE ATTENTION OF ITS READERS TO ALL THE MAJOR PLAYERS IN THESE SECTORS WHO SHARE THEIR EXPERIENCES, VISIONS AND KNOW-HOW. MORE THAN A SPECIALIZED WEBZINE, LUXUS PLUS IS A MULTI-SECTOR INFORMATION SYSTEM, WHICH HAS BECOME THE REFERENCE MONITORING TOOL FOR LUXURY AND FASHION PROFESSIONALS. OUR NEWSLETTERS CONTRIBUTE TO MAKE OUR READERS AWARE OF THE CHANGES AFFECTING THE LUXURY INDUSTRIES. THANKS TO AN INCREASED WATCH AND AN EXCELLENT KNOWLEDGE OF THE SECTOR, WE ARE INTERESTED IN THE MAIN ECONOMIC AND TECHNOLOGICAL STAKES OF FASHION, FINE WATCHMAKING, JEWELRY, GASTRONOMY, COSMETICS, PERFUMES, HOTELS, PRESTIGIOUS REAL ESTATE...********[FR] Claire Domergue, spécialiste de la communication dans le secteur du luxe, s’est entourée d’experts pour créer le premier média consacré à l’actualité économique du Luxe et de la mode. Ce dernier attire tout particulièrement l’attention de ses lecteurs sur l’ensemble des acteurs majeurs de ces secteurs qui y partagent leurs expériences, visions et savoir-faire. Plus qu’un webzine spécialisé, Luxus Plus est un système d’information multi-sectoriel, devenu l’outil de veille de référence pour les professionnels du luxe et de la mode. Nos newsletters de veille contribuent en effet à sensibiliser nos lecteurs aux mutations qui touchent les industries du luxe. Grâce à une veille accrue et à une excellente connaissance du secteur, nous nous intéressons aux principaux enjeux économiques et technologiques de la mode, la haute horlogerie, la joaillerie, la gastronomie, des cosmétiques, parfums, de l’hôtellerie, l’immobilier de prestige…