Tuesday, August 12, 2008

The Blue Heart Diamond


Photo by Chip Clark

Some reports refer to this unusual diamond as the "Eugénie Blue" although it is now recognized that there is no evidence of its having been owned by the Empress. Had she owned it, wouldn't she have chosen to flee with it rather than the diamond which is named after her? However, a French link does exist because the cutting firm of Atanik Ekyanan of Neuilly, Paris cut this heart shape, which weighs 30.82 metric carats and is of a rare deep blue color, sometime between 1909 and 1910. This date raises the question whether the rough stone came from Africa or India.


Another photo of the stone, this time in its platinum ring surrounded by
25 white diamonds. The photo at the top of the page of the stone out of
its setting is the only one I have seen, which leads me to believe that
it was put back into the ring setting sometime after the photo was taken.
The stone measures 20.01 mm wide, 19.99 mm tall and 11.89 mm deep.

In 1910 Cartier purchased the diamond and sold it to an Argentinian woman named Mrs. Unzue. At the time, it was set in a lily-of-the-valley corsage and remained so until Van Cleef & Arpels bought the gem in 1953. They exhibited it set in a pendant to a necklace valued at $300,000 and sold it to a European titled family. In 1959 Harry Winston acquired the gem, selling it five years later, mounted in a ring, to Marjorie Merriweather Post. Finally Mrs. Post donated to the Blue Heart to the Smithsonian Institution in Washington D.C. where it remains to this day.


Photo by Chip Clark

The Eugenie Blue Diamond among other diamonds in the Smithsonian's collection. The round yellow diamond in the back weighs about 12 carats. The Shepard Diamond is the large yellow cushion shaped stone, weighing 18.30 carats. The round brilliant white diamond is the Pearson Diamond, weighing 16.72 carats. The pink pear shape weighs 2.86 carats, and the two uncut green diamonds weigh 2.05 and 0.97 carats. The round yellow diamond weighs about 12 carats.

Sources: The National Gem Collection by Jeffrey E. Post, Famous Diamonds by Ian Balfour and Diamonds - Famous, Notable and Unique by GIA.


Three of the world's most famous blue diamonds. Left to right: The Heart of Eternity,
the Hope, and the Blue Heart Diamond; 27, 45 and 30 carats, respectively. The Hope
looks larger than 45 carats because it is a rather flat stone. The Heart of Eternity
is Fancy Vivid Blue, the Hope is Fancy Deep Grayish-Blue and the Blue Heart's color
grade is still unknown. (Probably Fancy Vivid or Fancy Deep.)

Sunday, August 10, 2008

Christie's Diamond Auction

Christie's will put this 101.27-carat diamond on the auction block during its May jewelry sale in Hong Kong. It is the largest colorless diamond to be offered at auction in 18 years.
Hong Kong—Christie's will put a 101.27-carat diamond on the auction block on May 28 during its spring jewelry sale in Hong Kong.

The gemstone is the largest colorless diamond to appear at auction in 18 years and bidding is expected to exceed $6 million. The winning bidder will have the privilege of naming the stone.

The stone was cut from a 460-carat rough diamond, certified by the Gemological Institute of America as having F color, VVSI clarity and an "excellent" grade in both polish and symmetry.

"Only three colorless diamonds of over 100 carats have ever appeared at auction, all sold in Geneva," Christie's Chairman of Jewelry Francois Curiel said in a statement. "With Asia becoming such a vibrant market, it is fitting that this rarest gem should be offered on May 28 to the growing number of collectors in this region."

The diamond will be unveiled during Christie's Spring Masterpieces Exhibition, scheduled for Feb. 23-27 in London.

Christie's jewelry auctions take place in Amsterdam, the Netherlands; Dubai, United Arab Emirates; Geneva; Hong Kong; London; New York; Paris and Milan, Italy.

The auction house reported jewelry sales of $395 million in 2007, an 11 percent increase over 2006 sales of $355 million.

Other notable diamonds recently auctioned off by Christie's include the 53.71-carat "Dubai Magnificence," a pear-shaped, D-color, flawless-clarity stone sold in New York in December.
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