Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    UAE Traders Prioritise Transparency and Security When Choosing Brokers, New Research Finds

    November 11, 2026

    Ghana Minority demands funding plan for $10bn New Economy

    November 11, 2026

    Modi tells Zelenskyy India ready to help end Ukraine conflict

    November 11, 2026
    Facebook X (Twitter) Instagram
    Dubai BeaconDubai Beacon
    • Automotive
    • Business
    • Entertainment
    • Health
    • Lifestyle
    • Luxury
    • News
    • More
      • Sports
      • Technology
      • Travel
    Dubai BeaconDubai Beacon
    You are at:Home » An egg-sized diamond fetches over $21 million at the Geneva sale
    Luxury

    An egg-sized diamond fetches over $21 million at the Geneva sale

    August 15, 2022
    Facebook Twitter Pinterest LinkedIn Tumblr Email

    The Rock, an egg-sized white diamond billed as the largest of its kind to be auctioned, sold for more than CHF21.6 million ($21.75 million), including fees – at the low end of what Christie’s expected. As reported by AP, the 228-carat pear-shaped G-Color stone has a gross weight of 61.3 grams (2.2 ounces) and dimensions of 5.4 centimeters by 3.1 centimeters (2.1 inches by 1.2 inches).

    An egg-sized diamond fetches over $21 million at the Geneva saleG-Color diamonds are not the highest grade diamonds, but are ranked fourth below D-Color diamonds. A private buyer acquired The Rock, which had a pre-auction estimate of between 19 million and 30 million Swiss francs. In addition, the “Red Cross” diamond was sold under the hammer, fetching nearly 14.2 million francs, double the pre-sale estimate. For the first time in 1918, the diamond was auctioned off after being cut from a rough stone discovered in the Griqualand mines of South Africa.

    Related Posts

    50 million consumers exit luxury market due to price hikes, stagnation

    By dubaibeacon.comNovember 18, 2024

    Uncover the allure of Rolex Deepsea – luxury awaits.

    By dubaibeacon.comApril 10, 2024

    Beyond timekeeping to the prestige of the Rolex Day-Date

    By dubaibeacon.comMarch 2, 2024

    Rare uncut emerald dazzles at Sharjah show

    By dubaibeacon.comFebruary 1, 2024
    Latest News

    Ghana Minority demands funding plan for $10bn New Economy

    November 11, 2026

    Modi tells Zelenskyy India ready to help end Ukraine conflict

    November 11, 2026

    Samsung cash pile tops 200 trillion won, a first in Korea

    November 9, 2026

    Abdullah bin Zayed and Tanzania’s Kombo discuss bilateral ties

    November 9, 2026
    © 2026 Dubai Beacon | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.