Trending :

April 15, 2024

A 555-carat diamond to go on auction for £5 million  

Ruhi Gilder 
Renowned auction house Sotheby’s is selling the largest faceted cut diamond of any kind to appear at auction, called ‘The Enigma.’ This record-breaking 555.55 carat gem is a Fancy Black Diamond containing small red diamond crystals, and it has never been publicly displayed or sold before.  


View this post on Instagram


A post shared by Sotheby’s (@sothebys)

The number five seems to be lucky for this particular black diamond as it has 55 facets. Sophie Stevens, a jewellery specialist at Sotheby’s Dubai, told The Associated Press that the shape of the diamond is based on the Middle Eastern palm symbol of the Khamsa, which in Arabic means five. Truly an enigma, the origins of this diamond are shrouded in mystery, and it might even be from outer space. Sotheby’s has termed it, a “treasure from interstellar space,” and it is thought to have been created from a meteoric impact. The Enigma could also have emerged from a diamond-bearing asteroid that collided with Earth. Stevens also reportedly said, “With the carbonado diamonds, we believe that they were formed through extra-terrestrial origins, with meteorites colliding with the Earth and either forming chemical vapor disposition or indeed coming from the meteorites themselves.”   
Photo Courtesy: Sotheby's / Instagram
Photo Courtesy: Sotheby’s / Instagram
The Enigma is part of RE(LUX), Sotheby’s Luxury Sale Series. The unique jewel even found its way to the record books as the largest cut Fancy Black diamond in the world, as listed in the 2006 Guinness Book of World Records. Sotheby’s expects the diamond to be sold for at least 5 million British pounds or $6.8 million. Cryptocurrency will also be accepted as payment on the diamond, a nod to the rising trend of digital currency. Sotheby’s is no stranger to selling diamonds via cryptocurrency, in July of last year the auction house sold a 101.38-carat diamond for $12.3 million in cryptocurrency, becoming the most expensive piece of jewellery sold through this type of payment.   
Lucky ones in Dubai, Los Angeles and London will get to view this rarity, as exhibited in Dubai until January 20, before it travels to LA. On display in LA from January 24-26, the precious gem will then move to London for viewing from February 2-9. 
Photo Courtesy: Sotheby's / Instagram
Photo Courtesy: Sotheby’s / Instagram
This diamond will be offered without reserve, which means that it will be sold to the highest bidder no matter the price. The Enigma will be auctioned off in special single lot online sale from February 3-9. 
Also read:
Chanel unveils necklace from new high jewellery “1932” collection
Megan Fox & other celebs unusual engagement rings

Ruhi Gilder


Receive the latest news

Subscribe To Our Weekly Newsletter