The Largest Vivid Orange Known to Exist Sells for $36 Million

by queenofcolordiamonds

It is always exciting when a natural fancy color diamond sells at auction, but it’s fascinating when it is the only diamond of it’s kind making history and news around the world.

"The Orange," the largest fancy vivid orange diamond in the world. The VS1 clarity pear-shaped diamond of 14.82 carats was estimated at $17 million to $20 million in a Geneva auction. It sold for 32.6 million Swiss francs, or about $36 million, a record for an orange diamond. Source: 2013 Christie's Images Ltd. via Bloomberg

“The Orange,” the largest fancy vivid orange diamond in the world. Source: 2013 Christie’s Images Ltd. via Bloomberg

On Tuesday evening Christie’s Geneva sold a magnificent 14.82 carat pear-shaped vivid orange VS1 diamond for $36 million dollars ($32.6 million Swiss francs).

What makes this sale so extraordinary is that this diamond is the largest fancy-vivid diamond in existence.  Selling at $2.4 million per carat set a record for an orange diamond of its type according to the auction house.

Orange diamonds are exceptionally rare, so it is little wonder that the diamond sold for almost double its pre-sale estimate which was between $17 – $20 million.