Home Gemological Institute of America Yellow diamond weighing over 300 carats to be auctioned in New York — and bidding begins at €1

Yellow diamond weighing over 300 carats to be auctioned in New York — and bidding begins at €1

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From Princess Diana to Jennifer Lopez, colored diamonds make up a number of the most recognisable engagement rings and this 12 months, they’re persevering with to make historical past with a landmark gem, the Golden Canary, going up for public sale.

Weighing a large 303.10 carats, the Golden Canary is likely one of the largest polished diamonds on this planet. A deep brownish yellow color, the placing diamond was recut from its unique protect form right into a traditional pear form and is brighter and extra vibrant than ever.

Whereas we often see different colored diamonds, corresponding to blue, pink and inexperienced, yellow diamonds are considerably rarer and make up simply .006% of all diamonds mined.

The Golden Canary can be the most important flawless or internally flawless diamond ever graded by the Gemological Institute of America (GIA) and has an fascinating historical past.

The magnificent gem is about to be a part of Sotheby’s public sale in New York this December, with an estimate within the area of $15 million, with bidding beginning at simply $1 (€1).

The Golden Canary, a 303.10 carat. Piture: Cedric Ribeiro
The Golden Canary, a 303.10 carat. Piture: Cedric Ribeiro

The stone was initially discovered amongst a pile of rubble by a younger woman who was enjoying in her uncle’s yard within the Eighties. On the time, miners concluded it was too cumbersome to be a diamond, nevertheless, it turned out to be 890-carat tough diamond — one of many largest tough diamonds the world had ever seen.

The woman gave the diamond to her uncle who then bought it to native diamond sellers and it was first introduced to the general public in 1984 on the Smithsonian’s Nationwide Museum of Pure Historical past.

Over the following couple of years, the 890-carat gem was reduce into 15 completed stones together with what grew to become often known as the ‘Incomparable’. After quite a few appearances in museum exhibitions the world over, the ‘Incomparable’ was once more recut into what’s now often known as the Golden Canary.

Quig Bruning, Head of Jewellery for Sotheby’s Americas describes the Golden Canary as some of the beautiful diamonds to ever be found, “not just for its sheer dimension and depth in color, however for its gorgeous magnificence that’s positive to captivate collectors around the globe”. 

The Golden Canary is about to focus on Sotheby’s Magnificent Jewels public sale in New York on December 7, with an estimate within the area of $15 million, and supplied with out reserve, with bidding beginning at $1 (€1).

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