164-Carat De Grisogono Diamond Sells For ‘Disappointing' $33.7 Million
One year ago - By WWD
HONG KONG - A nearly 164-carat diamond designed by De Grisogono, the largest ever flawless D-color diamond to appear at auction, has sold for $33.7 million, undershooting expectations.
The hammer price at Christie's came in just above the $30 million starting bid price. In September, De Grisogono founder Fawaz Gruosi said he had hoped it would achieve $40 million or more.
Called “The Art of De Grisogono, Creation 1,” the piece is comprised of an emerald and diamond necklace set with a rectangular cut, D-color, flawless diamond of 163.41 carats. It took 14 craftsmen more than 1,700 hours to...
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