A gigantic yellow stone fetched $16.3 million at the Sotheby’s Auction on May 13 Magnificent Jewels sale in Geneva—in an auction that itself set a world record for an overall jewelry sale.
The 100.9 ct. daffodil-yellow diamond ring, known as the Graff Vivid Yellow, shattered the previous record paid for a yellow diamond, set by the $12.3 million for the 110 ct. Sun Drop at Sotheby’s Geneva in Nov. 2011.
“100 carats is a magical number when it comes to diamonds,” said David Bennett, chairman of Sotheby’s Switzerland and chairman of the jewelry department for Europe and the Middle East, in a statement. “With its exceptional size and a superb daffodil color, the Graff Vivid Yellow is a truly extraordinary diamond with immense presence. These rare qualities led to the record price achieved tonight.”
The stone also set a record for a jewel by Graff.
Adapted from JCK Magazine at http://www.jckonline.com