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 among 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 an enormous 303.10 carats, the Golden Canary is among the largest polished diamonds on this planet. A deep brownish yellow color, the hanging 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, reminiscent of 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 attention-grabbing historical past.

The magnificent gem is ready 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 lady who was enjoying in her uncle’s yard within the Eighties. On the time, miners concluded it was too cumbersome to be a diamond, nonetheless, it turned out to be 890-carat tough diamond — one of many largest tough diamonds the world had ever seen.

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

Over the subsequent couple of years, the 890-carat gem was lower into 15 completed stones together with what turned often called the ‘Incomparable’. After quite a few appearances in museum exhibitions internationally, the ‘Incomparable’ was once more recut into what’s now often called the Golden Canary.

Quig Bruning, Head of Jewellery for Sotheby’s Americas describes the Golden Canary as one of the vital beautiful diamonds to ever be found, “not just for its sheer measurement and depth in color, however for its beautiful magnificence that’s certain to captivate collectors all over the world”. 

The Golden Canary is ready 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 provided with out reserve, with bidding beginning at $1 (€1).

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