Upcoming Auction: The 102.39-Carat Diamond, Perfect in Every Way

This autumn, Sotheby’s is pleased to present one of the rarest and most coveted wonders of nature: A Highly Important 102.39 carat D Colour Flawless Oval Diamond. Only seven D colour Internally Flawless or Flawless white diamonds over 100 carats have been sold at auction, making this the eighth. In an unprecedented move, this perfect diamond will be offered without reserve. This approach marks the first time in auction history that a diamond of this calibre, or any work of art or an object of such importance and inherent value, will be offered in this way.
The oval brilliant-cut diamond weighing 102.39 carats.Accompanied by GIA report no. 2205118593, dated 3 September 2020, stating that the diamond is D Colour, Flawless, Excellent Polish and Symmetry; also accompanied by a diamond type classification letter stating that the diamond is determined to be a Type IIa diamond.
In the gemstone industry, as in most other luxury markets, the rarity of an object directly correlates with its desirability. For perspective on the rarity of the 102.39 ct Oval Brilliant in the diamond market, consider this statistic: less than one-half of one percent of all stones over one carat submitted to GIA annually are D, Internally Flawless, or D, Flawless. It is rare for any diamond to possess D-color and Flawless clarity, let alone one of 102.39 carats.
The 102.39ct Oval Brilliant diamond’s stunning appearance cannot be attributed to nature alone. Transforming bulky rough into a graceful, glittering gem is indeed an exacting art, requiring experience, vision, and a tremendous amount of patience. In this regard, the 102.39ct Oval Brilliant diamond is as much a work of human ingenuity as it is of nature. Its spectacular fashioning has coaxed the best out of this massive gem, which consequently displays the finest in color and clarity.

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