‘Rocks’ fetch best prices at auction
NZPA-Reuter New York A blue diamond fetched SUS2.O9 million and a Western Australian pink diamond SUSI.26M at an auction on Tuesday (early yesterday, N.Z. time), setting world records for the highest price ever paid per carat for each kind of diamond, Christie’s auction house said. Mr Laurence Graff, of the British company Graff Diamonds, paid a record $U5296,454 per carat for the 7.05-carat blue pear-shaped stone and $U5408,064 per carat for the 3.14-carat pink stone. The pink diamond sale broke the record set in May, 1988, when a 5.57-carat pink pear-shaped diamond was sold in Geneva for $278,270 per carat. The diamond, sold along with 15 other diamonds from the Argyle mine in Western Australia, is the largest gem-quality pink diamond ever retrieved from the largest diamond-producing mine in the world, the Christie’s statement said. The blue-diamond sale eclipsed the record set in New York in October, 1987, when a 10.07-carat ring sold for $218,470 per carat.
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Press, 13 April 1989, Page 28
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163‘Rocks’ fetch best prices at auction Press, 13 April 1989, Page 28
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