Natural Diamond Prices – November 2024
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Rare and exceptional diamonds have made big news in the last couple weeks, as the autumn jewelry auction season is in full swing, and large diamond finds continue to grab attention. Notable stories include a 118-carat (egg-sized) diamond that broke auction records at Sotheby’s Hong Kong by selling for a whopping $30 million. And Mouawad’s L’Incomparable diamond necklace (aka the world’s most valuable necklace according to Guinness World Records) is available for sale in Singapore for a cool $55 million. A brooch with a 96.62-carat yellow diamond, created by Van Cleef & Arpels in 1971, will head to Sotheby’s Geneva for its Magnificent Jewels sale on November 13.
The past few weeks have also brought news of some significant diamond finds. A 257-carat diamond was recovered at Lucara’s Karowe mine in Botswana, while a rare 12-carat blue diamond was recovered at Gem Diamonds’ Letseng mine in Lesotho. Click on the images or links to take you to the latest stories in rare-diamond news.
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| 118-carat “egg-sized” diamond sells for record $30 million • CNBC | 637-carat diamond necklace can be yours for $55 million • Reuters |
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| Brooch with 96.62-carat yellow diamond heads to auction • Rapaport | 7.59-carat Premier Blue diamond fails to sell at auction • JCK | |
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| 257-carat diamond found at Lucara’s Karowe mine • Idex | 12.47-carat blue diamond recovered by Gem Diamonds • National Jeweler |
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Related Blog Topics and Pricescope Forum Posts:
118-Carat Diamond Could Fetch $35 Million at Sotheby’s
The Mouawad L’Incomparable Diamond Necklace Sets Guinness World Record
Sotheby’s to Auction Rare 7.59-Carat Fancy Vivid Blue Diamond
