Close Menu
    Gulf Outlook: See the Gulf beyond the headlines.Gulf Outlook: See the Gulf beyond the headlines.
    • Automotive
    • Business
    • Entertainment
    • Health
    • Lifestyle
    • Luxury
    • News
    • Sports
    • Technology
    • Travel
    • Home
    • Contact Us
    Gulf Outlook: See the Gulf beyond the headlines.Gulf Outlook: See the Gulf beyond the headlines.
    • Home
    • Contact Us
    Home»Luxury»An egg-sized diamond fetches over $21 million at the Geneva sale
    Luxury

    An egg-sized diamond fetches over $21 million at the Geneva sale

    August 15, 2022
    Facebook WhatsApp Twitter Pinterest LinkedIn Telegram Tumblr Email Reddit VKontakte

    The Rock, an egg-sized white diamond billed as the largest of its kind to be auctioned, sold for more than CHF21.6 million ($21.75 million), including fees – at the low end of what Christie’s expected. As reported by AP, the 228-carat pear-shaped G-Color stone has a gross weight of 61.3 grams (2.2 ounces) and dimensions of 5.4 centimeters by 3.1 centimeters (2.1 inches by 1.2 inches).

    An egg-sized diamond fetches over $21 million at the Geneva saleG-Color diamonds are not the highest grade diamonds, but are ranked fourth below D-Color diamonds. A private buyer acquired The Rock, which had a pre-auction estimate of between 19 million and 30 million Swiss francs. In addition, the “Red Cross” diamond was sold under the hammer, fetching nearly 14.2 million francs, double the pre-sale estimate. For the first time in 1918, the diamond was auctioned off after being cut from a rough stone discovered in the Griqualand mines of South Africa.

    Related Posts

    Global luxury market contracts for first time since Great Recession

    November 18, 2024

    Uncover the allure of Rolex Deepsea – luxury awaits.

    April 10, 2024

    Beyond timekeeping to the prestige of the Rolex Day-Date

    March 2, 2024

    Rare uncut emerald dazzles at Sharjah show

    February 1, 2024

    Porsche and Frauscher launch the electric 850 Fantom Air

    October 17, 2023

    Revolutionizing the ultimate travel watch with Rolex’s GMT-Master II

    August 30, 2023
    Latest News

    Egypt’s Central Bank Holds Interest Rates Steady at 19%-20% in August Amid Stable Inflation

    August 21, 2026

    DR Congo to Receive 70,000 Doses Amid Escalating Ebola Crisis

    August 21, 2026

    Japan Achieves Record July Trade Surplus Amid Rising Import Costs and Robust Export Growth

    August 21, 2026

    Wall Street Gains Momentum as Treasury Boosts Debt Repurchase Programs

    August 20, 2026

    No Tsunami Expected After 6.1 Magnitude Quake Off North Sumatra Coast

    August 19, 2026

    Congo Ebola Containment Goals Set for Three-Month Resolution, WHO Reports Progress

    August 19, 2026

    DRC Reports Over 26 Million Malaria Cases in 2025, Highlighting Severe Impact

    August 17, 2026

    Ebola Outbreak in DRC Achieves Deadliest Toll in National History

    August 17, 2026
    © 2026 Gulf Outlook | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.