The Lux List / Collectibles

The Art of de GRISOGONO, ‘Creation 1’ Necklace secured a Record price of USD 33,701,000 at the recent Christie’s Jewels sale

The Art of de GRISOGONO, ‘Creation 1’ breaks records at Christie’s Magnificent Jewels sale in Geneva.

Nov 15, 2017 | By Andrea Sim

Fourteen highly-skilled artisans spent about 1,700 hours creating this astonishing necklace with Fawaz Gruosi guiding the process from the cutting of the rough stone to the sublimely luxurious. The final finish of this 163.41 carats emerald-cut diamond is GIA-certified.

Christie’s auction house broke the industry record as ‘The Art of de GRISOGONO, Creation 1’ necklace went through a hammer price level of CHF 33,500,000 (USD 33,701,000), at the recent magnificent Christie’s Jewels sale in Geneva.

Designed by Fawaz Gruosi, Founder and Creative Director of de GRISOGONO, this awe-inspiring and bedazzling masterpiece has impeccable credentials with traceable history from the mine to the completion of such masterpiece, and is compliant with the Kimberley Process certification authority.

The jewel features a 163.41-carat Flawless D-Colour diamond, cut from the historical 404-carat diamond and extracted from the Lulo mine in Angola, which is a listed Australian mining company called Lucapa Diamond Company.

While this sales break came as a celebratory news for de GRISOGONO as the company added another exciting milestone to its success, Fawaz Gruosi, Founder and Creative Director of de GRISOGONO enthused: “This auction marks a high point for de GRISOGONO and the team that have worked so tirelessly to bring this incredible stone to life in this beautiful piece, Creation 1.”

The Flawless D-Colour diamond was the largest ever emerald-cut diamond offered at auction. “I am truly privileged to have had the opportunity to work with a historic stone of such perfection and would thank everyone who has taken part in this beautiful journey from mine to masterpiece,” he continued.

The previous breaking sales record price for a D Flawless Diamond was US$30,600,000, which was a 404-carat rough diamond acquired from the Lulo mine by de GRISOGONO’s strategic partner, international rough diamond trader Nemesis, who granted the marketing rights of this incredible stone to de GRISOGONO.

As part of de GRISOGONO’s partner, Nemesis will be donating one per cent of its total hammer price money collected from the sale of ‘Creation 1’ to the foundation Fundação Brilhante, as part of its effort in supporting the local communities in mining areas.

The foundation Fundação Brilhante is established as a unique channel to champion social change through corporate responsibility activities and create a strong synergy with its partners in areas of social and cultural causes.

View the short documentary demonstrating the various stages involved in the piece’s crafting and de GRISOGONO’s inimitable expertise at https://theartofdegrisogono.com.

 

 
Back to top