Culture / Auctions

Christie’s to sell rare Annenberg diamond

A giant gem will hit the auction block in New York this autumn with the sale of the 32-carat emerald-cut Annenberg diamond, which is expected to fetch as much at $5 million. The flawless ring-mounted diamond, owned by philanthropist Lee Annenberg, widow of publishing magnate Walter Annenberg, leads the auction house’s magnificent jewels sale on […]

Jul 27, 2009 | By Anakin

A giant gem will hit the auction block in New York this autumn with the sale of the 32-carat emerald-cut Annenberg diamond, which is expected to fetch as much at $5 million.

The flawless ring-mounted diamond, owned by philanthropist Lee Annenberg, widow of publishing magnate Walter Annenberg, leads the auction house’s magnificent jewels sale on October 21.

Gems of this size are extremely rare, and their presence on the market is always an important event in the world of diamonds,” said Rahul Kadakia, Christie’s head of jewelry.

“This gem’s impeccable color, clarity, and polish as well as its prestigious provenance will attract jewelry collectors from all over the world.”

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The gem will go on tour ahead of the sale with stops in Geneva, London, Hong Kong, Los Angeles and New York.

Source: Reuters


 
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