A ROCK FOR THE RECORD BOOKS: Laurence Graff, the Bond Street jeweler known as the “King of Diamonds,” on Wednesday scooped The Wittelsbach Diamond, an historic 17th century rock, for a record price of $24.3 million. Christie’s in London said the sale set a world record for any diamond — and any jewel — sold at auction. Graff outbid the New York-based Russian Aleks Paul of Essex Global Trading for the 35.56-carat, cushion-shaped stone that has a deep grayish blue color and a VS2 grading. The previous record was $16.5 million for a 100-carat stone auctioned in 1995 in Geneva. The stone has a royal provenance: Maria Teresa, Infanta of Spain, immortalized by the Spanish painter Velazquez when she was a little girl, was given the diamond by her father, Philip IV of Spain.
December 11, 2008
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A ROCK FOR THE RECORD BOOKS: Laurence Graff, the Bond Street jeweler known as the “King of Diamonds,” on Wednesday scooped The Wittelsbach Diamond, an historic 17th century rock, for a record price of $24.3 million. Christie’s in London said the sale set a world record for any diamond — and any jewel — sold at auction. Graff outbid the New York-based Russian Aleks Paul of Essex Global Trading for the 35.56-carat, cushion-shaped stone that has a deep grayish blue color and a VS2 grading. The previous record was $16.5 million for a 100-carat stone auctioned in 1995 in Geneva. The stone has a royal provenance: Maria Teresa, Infanta of Spain, immortalized by the Spanish painter Velazquez when she was a little girl, was given the diamond by her father, Philip IV of Spain.
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