Rare yellow diamond to be sold at N.Y. auction

A vivid yellow diamond weighing 32.7 carats is expected to fetch up to $8 million when it is sold at auction in October, Christie’s said on Wednesday.

The Gemological Institute of America (GIA), which grades, identifies and evaluates important diamonds, ranked the rare, deeply saturated gem as among the rarest in its class.

“The Vivid Yellow literally blazes with color unlike any yellow diamond I’ve ever seen,” said Rahul Kadakia, Christie’s Americas’ head of jewelry. He added that a stone of such depth of color and size was “a freak occurrence,” and a “once in a lifetime opportunity” for collectors…

Reuters

On October 19th, 2011, posted in: Diamonds by

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