The stone last sold in 1973 for roughly $4.75 million in today's dollars.
“The Red Cross Diamond” was originally cut from a rough stone believed to weight 375 carats that was found the De Beers South African mine in in 1901, according to Christie’s. The resulting cushion-shaped diamond is one of the largest in the world and is famous for its distinctive pavilion, which is faceted in the shape of a Maltese cross.
Christies expects the diamond to sell for significantly more on May 11. The auction house has slapped a pre-sale estimate on the stone of CHF 7 million to CHF 10 million, or roughly $7.5 million to $10.7 million,. A portion of the gavel price will go to charity, too. François Curiel, chairman of Christie’s Europe and head of its luxury department, said the stone will live up to its name with part of the proceeds from the sale going to the International Committee of the Red Cross.
As noteworthy as “the Red Cross Diamond” may be, it won’t be the headline lot Christie’s oversees that day. That distinction the largest white diamond to ever be offered at auction. That stone is expected to sell for upwards of $30 million.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
This 1973 Porsche 911 RS Just Got a Modern Makeover, and It’s SublimeThe father-and-son team offers a concours-quality tribute to the original Porsche hot rod.
Weiterlesen »
A Gorgeous 1973 Ferrari Dino 246 GTS Is Heading to Auction This SpringIt will cross the block at RM Sotheby's on May 14 without reserve.
Weiterlesen »
For the Third Time in Its History, Christie's Will Sell One of the World's Largest Diamonds to Benefit the Red CrossFor the third time in its history, Christie’s will sell one of the world’s largest diamonds to benefit the Red Cross:
Weiterlesen »
Caltrans completes $11 million restoration of several LA County bridgesThe project began in February 2021 a square footage equivalent to about three football fields.
Weiterlesen »
Harris Co. judge's senior staff indicted on misuse allegations in $11M contract investigationThree senior staffers at the Harris County Judge's Office have been indicted following an investigation into an $11 million contract.
Weiterlesen »