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Christie's is selling a yellow diamond to support the International Red Cross

2022-04-12T15:23:31.442Z


A big first? Not really since this rare specimen of 205 carats is found for the third time at auction at Christie's. Each time in favor of the humanitarian organization.


If it is not uncommon (especially since the beginning of the war in Ukraine) to see event sales appear where part of the profits, collected by a jewel or a lot, is donated to an association, it is more surprising that a diamond is offered for charity sale.

And yet, this will not be the first, but the third time that Christie's will join forces next May for the benefit of the International Red Cross.

A third sale around a single yellow diamond... Because it is indeed the same 205-carat cushion-cut stone that Christie's has been bringing into play for more than 100 years now.

cut stone

Unearthed in 1901 in a South African mine run by De Beers, this diamond, which is thought to come from a gross of at least 375 carats, was offered for the first time on April 10, 1918 at Christie's London.

Bought nearly 720,000 euros at the time by jewelers SJ Phillips, it will reach nearly 1,800,000 euros in 1973 at Christie's Geneva for its second charity fundraiser.

Now renamed the “Red Cross Diamond”, the latter should break a new record, the starting estimate of which is unknown since Christie's is keeping it secret.

Result on May 11 in Geneva...

Source: lefigaro

All news articles on 2022-04-12

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