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British billionaire Laurence Graff pays record
He paid nearly double the previous record which was for the 17th century stone the 'Wittelsbach' blue diamond two years ago. Mr Graff was the buyer on that occasion, too.
'It is the most fabulous diamond I've seen in the history of my career and I'm delighted to have bought it,' said Graff, who left school at 14 to work in London's East End and now resides in the Swiss resort of Gstaad.
Scroll down for video report
cent of the world's diamonds categorised as 'potentially flawless'
because it needs re polishing.
'It is a world record price for a jewel at auction,' said David Bennett, chairman of Sotheby's jewellery department in Europe and the Middle East, as he brought down the hammer to applause in the packed sales room. 'It's like pink champagne.'
The stone's rare, perfect pink colour is
thought to have been caused by it absorbing light in an unusual way
when it was formed deep inside the earth over millions of years.
It is set between shield shaped diamond shoulders replica cartier mens bangle on a silver ring.
A Sotheby's employee holds the diamond. It is among less than two per cent of the world's diamonds categorised as where to buy cartier love bracelet copy 'potentially flawless' because it needs re polishing
'Laurence Graff is a great connoisseur of gem stones. He certainly now owns two of the greatest stones in the world,' said Mr Bennett.
'There were four active bidders for the diamond, which at that level is quite extraordinary. It tells you a lot about the replica mens cartier bangle health of the market.'
Bennett, noting that pure diamonds and vintage pieces by French jeweller Van Cleef Arpels commanded high prices, said: 'he market for fine gemstones and fine jewellery is as good as it has ever been, it is very, very strong.'
Mart van Drunen, a jeweller from
Amsterdam, added: 'Everybody was surprised it went that high. He [Laurence Graff]
clearly wants to have all the rarest diamonds in the world.'
Rich buyers from developing
countries have been buying into the high end of buy cartier love bracelet replica the market in recent
years but experts say emerging middle classes particularly in India are
also helping to lift prices.
Furthermore, ongoing doubts about the stock market have helped drive up the value of gold and precious jewels, said van Drunen.in concern of cartier ring yellow gold clou knockoff up-to-d
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He paid nearly double the previous record which was for the 17th century stone the 'Wittelsbach' blue diamond two years ago. Mr Graff was the buyer on that occasion, too.
'It is the most fabulous diamond I've seen in the history of my career and I'm delighted to have bought it,' said Graff, who left school at 14 to work in London's East End and now resides in the Swiss resort of Gstaad.
Scroll down for video report
cent of the world's diamonds categorised as 'potentially flawless'
because it needs re polishing.
'It is a world record price for a jewel at auction,' said David Bennett, chairman of Sotheby's jewellery department in Europe and the Middle East, as he brought down the hammer to applause in the packed sales room. 'It's like pink champagne.'
The stone's rare, perfect pink colour is
thought to have been caused by it absorbing light in an unusual way
when it was formed deep inside the earth over millions of years.
It is set between shield shaped diamond shoulders replica cartier mens bangle on a silver ring.
A Sotheby's employee holds the diamond. It is among less than two per cent of the world's diamonds categorised as where to buy cartier love bracelet copy 'potentially flawless' because it needs re polishing
'Laurence Graff is a great connoisseur of gem stones. He certainly now owns two of the greatest stones in the world,' said Mr Bennett.
'There were four active bidders for the diamond, which at that level is quite extraordinary. It tells you a lot about the replica mens cartier bangle health of the market.'
Bennett, noting that pure diamonds and vintage pieces by French jeweller Van Cleef Arpels commanded high prices, said: 'he market for fine gemstones and fine jewellery is as good as it has ever been, it is very, very strong.'
Mart van Drunen, a jeweller from
Amsterdam, added: 'Everybody was surprised it went that high. He [Laurence Graff]
clearly wants to have all the rarest diamonds in the world.'
Rich buyers from developing
countries have been buying into the high end of buy cartier love bracelet replica the market in recent
years but experts say emerging middle classes particularly in India are
also helping to lift prices.
Furthermore, ongoing doubts about the stock market have helped drive up the value of gold and precious jewels, said van Drunen.
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