100.2 cts, D color, internally flawless emerald cut will be auctioned at its April 21 Magnificent Jewels deal in New York City. It is one of just five precious stones of that size and quality ever sold.
The stone is expected to sell between $19 million and $25 million. In 2013, 101 cts, D color, flawless pear-shape diamond took $26.7 million and 118 cts, D color, flawless oval fetched $30 million.
Gary Schuler, head of the Sotheby’s jewelry department explained ” The color is whiter than white, it is free of any internal imperfections” and added “It’s so transparent that I can only compare it to a pool of icy water”.
The 200 cts raw was extracted in South Africa by De Beers. The current holder spent more than one year for cutting and polishing.
The precious stone will be displayed in Dubai, Los Angeles, Hong Kong, London, and Doha, Qatar. It will be demonstrated in New York City starting April 17.