Sotheby's to Auction Sun-Drop Diamond

That's quite a diamond.

By , Columnist

Sotheby's Geneva will present -- in its sale of Magnificent Jewels on Tuesday, November 15, 2011 -- one of the most impressive diamonds to come to auction in recent years.

The Sun-Drop Diamond, at 110.03 Carats, has been graded Fancy Vivid Yellow, the highest colour grading for a yellow diamond by the Gemological Institute of America (GIA). This exceptional stone ranks as the largest known pear-shaped fancy vivid yellow diamond in the world, and has a purity of VVS1.

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Furthermore, according to the GIA, “a diamond such as the 110.03 carat Sun-Drop can almost be said to exude a magical aura. Its magnificent color combined with impressive size and uncommon cut make it a paragon in the world of diamonds.”

The stone was exhibited earlier this year at London’s Natural History Museum. The rough for the Sun-Drop Diamond was discovered in South Africa in 2010, and was cut and polished by Cora International, one of the world’s leading manufacturers of exceptional diamonds, with its headquarters in New York. This stunning diamond comes to the market with an estimate of $11-15 million.

So who will buy this mangficent diamond? My guess is swift bidding between secretive collectors, society jewellers, oligarchs keen to impress their women, and maybe, just maybe, interest from Prince Albert of Monaco who has showered his bride Charlene with gems.

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Margaret Holder has been writing about the Royal Family in newspapers and magazines for thirty years. She also broadcasts frequently on the BBC, both radio and television. She reckons she has now written more royal documentaries than anyone else in the world. Some are still being shown on channels in…

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