It wasn’t the only monster-size diamond in the lineup. Christie’s also sold the massive 205.07-carat Red Cross Diamond, a fancy yellow cushion-cut stone, for $14,320,624, setting a world record at auction for a fancy intense yellow diamond. A significant portion of the proceeds of the sale will benefit the International Committee of the Red Cross, marking the second time this diamond has raked in proceeds for the organization.
pieces to the 1918 auction, including the Red Cross diamond. It showed up again at a Christie’s auction in 1973 when it sold for CHF 1.8 million —proving that diamonds remain a great investment.Fetching the third-highest price was the Fürstenberg Tiara, for $2,417,528. The pearl and diamond tiara bears the mark of the famous Austrian jeweler Gustav Flach and previously belonged to H.S.H.
The Geneva Magnificent Jewels sale held May 11 totaled $69,668,694. Christie’s next auction is the New York sale on June 8, highlighted by a 103-carat D-color flawless diamond named Light of Africa, and twelve jewels by JAR from the estate of Ann Getty.
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