At Sotheby’s Geneva, It’s About The Red, White, and Blue
October 17th, 2008On November 19, 2008, Sotheby’s in Geneva will be auctioning off a trio of gems that will pull at your patriotic heartstrings. This modified fancy red diamond of 1.92 carats (red diamonds are seldom, if ever, more than a single carat, and are probably the rarest found in colored diamonds) is estimated to be sold at $2.5 to 3 million.
The Lesotho rough, a 601-carat diamond in its natural, uncut state, was the only diamond of significance discovered by a woman, Ernestine Ramaboa. It eventually found its way to Harry Winston, whose sixth sense for gems was a divining rod for discovering the most spectacular rocks in the world. The Lesotho rough was cleaved (cut) into eighteen stones of varying weights and sizes. The gem below is the Lesotho I (Lesotho III, a 40.42-carat marquise-shaped diamond, was given to Jacqueline Kennedy by Aristotle Onaissis on the occasion of their engagement). This gem boasts 71.73-carats and was the largest stone cut from the original rough. Until now, it has remained with the same owner since Harry Winston sold it. It is estimated at $3–5 million.
This flawless, fancy deep blue briolette, 10.48-carats and estimated at $6–9 million, makes you wonder how nature creates such amazing palettes. The blue in a blue diamond comes from the replacement of carbon, commonly found in the crystal formation of diamonds, with boron; this in turn affects how light is absorbed within the stone. In contrast, a red diamond results from nitrogen found in the crystal formation.



