Close Menu
    MENA News 24/7MENA News 24/7
    • Home
    • Contact Us
    • Automotive
    • Business
    • Entertainment
    • Health
    • Lifestyle
    • Luxury
    • News
    • Sports
    • Technology
    • Travel
    MENA News 24/7MENA News 24/7
    Home » 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

    India joins Pax Silica initiative, signs AI pact with US

    February 22, 2026

    Svitolina and Pegula reach Dubai Duty Free final

    February 21, 2026

    OpenAI signs with Tata for 100MW India AI data centers

    February 21, 2026

    Japan inflation slips below 2% as January CPI cools

    February 21, 2026

    Abu Dhabi Crown Prince meets Modi at India AI summit

    February 21, 2026

    Modi urges human centric AI at India AI Impact Summit

    February 20, 2026

    India basmati exporter lands 5,000-tonne U.S. order

    February 20, 2026

    UAE Crown Prince lands in New Delhi for India AI summit

    February 19, 2026
    © 2026 MENA News 24/7 | All Rights Reserved
    • Home
    • Contact Us

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