Not often in the 76 year history of Independent Jewellers have we had, or sold, very large diamonds. “Very large” is obviously relative so what I mean is diamonds that are of significant size and value (3 carats plus). I believe the largest one that was ever sold, not the most expensive however, was just over 10 carats.
Recently we purchased an estate diamond weighing in at 5.05 carats for our inventory. I use this term ‘estate’ but it seems a bit odd because the diamond itself is billions of years old! It is the same today as it was when dinosaurs were tromping around on Earth; granted it has been shaped by human hands, but its physical structure was always there, buried deep within the earth’s crust.
Diamonds are rare but to find them this big in nature is so much rarer it is hard to quantify. And prices can change drastically depending on the grade that they receive. A single drop in colour grade (say from an H colour to an I colour) can effect its value by thousands of dollars! Diamonds like these are truly fascinating as they will be around for generations, being sold in estate sales or privately, always holding and likely increasing in value.
The specs on this beautiful diamond, as received from the Gemological Institute of America:
- Colour: J
- Clarity: SI1
- Cut: Very Good
- Carat: 5.05