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Archduke Joseph 76.02 carat diamond at Christie’s

Archduke Joseph 76.02 carat diamond at Christie's

Flawless and colorless Archduke Joseph 76.02 carat diamond at Christie’s

Archduke Joseph 76.02 carat diamond at Christie’s
The four-hundred-year-old Archduke Joseph Diamond, which is flawless, colorless, and a whopping 76 carats goes under the hammer at Christie’s, in Geneva, on November 13, 2012. It is set to fetch more than $15million. Describing the star lot Christie’s head of jewellery, Rahul Kadakia, told ‘It’s about the size of a quail’s egg, and completely pure and clear in color.’ Although it has an estimate of $15million, experts believe the diamond will fetch a lot more, attracting buyers from the Middle East, Asia and Russia. The gem is named after its original owner Archduke Joseph August, who was the highest ranking official in the Kingdom of Hungary during the 19th century.

It is believed that Archduke Joseph August passed the diamond on to his son Archduke Joseph Francis in 1933 when records show him depositing it into the vault of a Hungarian bank. An anonymous buyer purchased the stone three years later and left it in a safe during World War II, where it fortunately escaped the attention of the Nazis. Since then the diamond has changed hands privately, but the company declined to comment on the identity of the current owner.

A rare 9-carat pink diamond ring, known as “the Clark Pink” and belonging to Huguette Clark is shown in this undated handout photo

A rare 9-carat pink diamond ring, known as “the Clark Pink” and belonging to Huguette Clark is shown in this undated handout photo

Jewels belonging to Clark, who was dubbed the “reluctant heiress” after choosing to spend her final years living in hospitals instead of her lavish homes, sold for $21 million at auction. The rare pink diamond ring that fetched more than $15 million, nearly twice its high pre-sale estimate, was the top item in the sale at Christie’s on April 17, 2012, which had been expected to total about $10 million.

Argyle Pink Jubilee

Argyle Pink Jubilee

More than 90 percent of the world’s pink diamonds come from the Argyle mine in the East Kimberley region in the far northeast area of Western Australia.The diamond, discovered in the Argyle open pit, will be known as The Argyle Pink Jubilee, Rio Tinto said in a statement. It is a light pink diamond, similar to The Williamson Pink, the diamond Britain’s Queen Elizabeth received as a wedding gift and which was later set into a brooch for her Coronation.

Archduke Joseph 76.02 carat diamond at Christie’s

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