 |
| The Archduke Joseph Diamond realized CHF20,355,000 ($21,506,914)
achieving a world auction record for a colorless diamond in the
Magnificent Jewels & The Archduke Joseph Diamond sale in Geneva on
13 November 2012. |
The Archduke Joseph Diamond is the finest and largest perfect Golconda
diamond ever to appear at auction," Rahul Kadakia of Christie's said.
This rare, colorless, 76 carat internally flawless diamond was the star lot at Christie's semi-annual jewelry sale in
Geneva. It once belonged to Archduke Joseph August of Austria (1872-1962), a prince
of the Hungarian line of the Hapsburgs. The sale as a whole fetched £50m, with 290 of 348 lots sold. Roughly the same size as a strawberry, this amazing diamond fetched about $21.5 million dollars. It sold for more than double the price paid for it at auction almost two decades ago.
This rare stone, comes from India’s ancient Golconda mines, "It is a world record for a Golconda diamond and a world record price
per carat for a colorless diamond," Francois Curiel, director of the
international jewelry department at Christie's,
was quoted by the BBC as saying.
Other historical diamonds originated in the Golconda mines.They include the Koh-i-noor, now in the
British crown jewels, and the blue Hope Diamond, part of the Smithsonian
Institute in Washington DC. Unfortunately, these fabled mines were virtually
exhausted by the 18th century.
This 76.45-carat diamond gets its name from from Archduke Joseph August
(1872-1962), a previous owner of the gem and a prince of the Hungarian
line of the Hapsburg dynasty. The Archduke was a descendant of the
Emperor Leopold II, son of Empress Maria Theresa who owned the famous Florentine Diamond,
(one of the most notable and unique diamonds in history and an heirloom
of the Hapsburgs for many years.) It is thought that at some point he gave the diamond to his son, Joseph
Francis (1895-1957). As of June 1, 1933 records show it belonging to Archduke Joseph and deposited with the Hungarian General Credit Bank in the presence of a
state counselor. Three years later the diamond was sold to a European
banker who kept it in a safe deposit box in France during World War II,
where it fortunately escaped the attention of the Nazis.
The location of this stone remained a mystery until it came up for
auction in London in June, 1961. It was then believed to be the
largest loose fine quality diamond ever to have been auctioned in Great
Britain.
Bidding stopped at £145,000 and it was withdrawn from the sale. Later, it was reported that a syndicate of Hatton Garden buyers
had made an unsuccessful bid for the diamond. It came up for sale again
at Christie's in Geneva in November of 1993, when it was sold for
$6,487,945.
The diamond originally weighed 78.54 carats and was slightly re-cut in the late-1990's by Molina Fine Jewelers down to its current 76.45-carat weight. The diamond has been
graded as Internally Flawless. Sources: Famous Diamonds by Ian Balfour, Diamonds - Famous, Notable and Unique by Lawrence Copeland, and numerous magazine articles. Thus its D-color certification. It is cut in a rectangular
cushion shape, perhaps a style of cutting that is not entirely unfitting
with its Indian origin. It has horizontally divided pavilion main
facets.
Geneva auctions have sold some of the world's most eye-popping diamonds and other fabulous jewels in recent years:
 |
| Beau - Sancy Diamond |
Royal connections
In May
2012, Sotheby’s sold the 34.98 carat Beau Sancy diamond to an anonymous
bidder for $9.7 million. Marie de Medici had worn it at her coronation
as Queen Consort of Henry IV in France in 1610. Christie’s auctioned off
a 32.08-carat Burmese ruby and diamond ring that sold for $6.7 million,
a world record price for a ruby sold at auction.
Pear-shaped
 |
| Sun-Drop Diamond |
In
November 2011, the Sun-Drop Diamond of South Africa, a giant
pear-shaped yellow gem weighing 110.3 carats, sold for more than $10.9
million at auction, beating previous records for a jewel of its type.
Including commission, the unidentified telephone bidder paid almost
$12.4 million for the gem.
 |
| Graff Pink Diamond |
Intensely pink
In November
2010, a rare pink diamond smashed the world record for a jewel at
auction, selling for more than $46 million to well-known London jeweler
Laurence Graff. The 24.78-carat "fancy intense pink" diamond
immediately became known as “The Graff Pink”.
Heart-shaped
In
May 2011, Christie’s fetched $10.9 million for a 56-carat heart-shaped
diamond that was internally flawless and $7.1 million for a 130-carat
Burmese sapphire.