15 Nov, 2017
Christie’s auctioned de GRISOGONO’s ground-breaking necklace, ‘The Art of de GRISOGONO, Creation 1’, at the landmark Magnificent Jewels sale in Geneva, with the necklace achieving a hammer price of CHF 33,500,000 / US$ 33,701,000.
The necklace designed by Fawaz Gruosi, Founder and Creative Director of de GRISOGONO, features a 163.41-carat Flawless D-Colour diamond, cut from the historical 404-carat diamond. This was extracted from the Lulo mine in Angola by the listed Australian mining company, Lucapa Diamond Company.
The sale breaks the previous record price for a D Flawless Diamond which was US$30,600,000.
The 404-carat rough diamond was acquired from the Lulo mine by de GRISOGONO’s strategic partner, international rough diamond trader Nemesis, who granted the marketing rights of the stone to de GRISOGONO. This allowed Fawaz Gruosi to guide the process from the cutting of the rough stone to the sublimely luxurious, finished High Jewellery necklace. 14 highly-skilled artisans spent 1,700 hours creating this astonishing necklace.
