ALROSA to Hold its First Ever Auction of Polished Coloured Diamonds; Initial Display at HK Show

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ALROSA to Hold its First Ever Auction of Polished Coloured Diamonds; Initial Display at HK Show

ALROSA has announced that it will hold “True Colour”, a first-of-its-kind auction of coloured polished diamonds that includes 250 polished diamonds of various shapes and colours. The collection will first be displayed during the Hong Kong Gem & Jewellery Fair in September, 2018.

The polished diamonds include purple, pink, orange and vivid-yellow stones with GIA-certificates, some of them of very rare shades. Such a large quantity of coloured diamonds are being displayed by the miner for the first time ever, ALROSA said.

The star of the show will be a fancy deep purple-pink cushion cut diamond of 11 carat. According to GIA, it is the largest diamond of this colour ever certified by their lab.

Other hero stones in the collection are a vivid orangy yellow diamond of over 15 carats and a cushion-shaped 11-carater of fancy vivid yellow.

“It took more than a year to prepare the collection. It is a masterpiece of diamond production created by skilful professionals who put heart into their work, keep the traditions and know what a real “Russian cut” is. This collection will become a stepping stone to our goal of taking in the coloured diamond market,” ALROSA deputy CEO Yury Okoemov said.

ALROSA will sell these stones of “True Colour” auction via a special electronic platform, which has proven its worth during successful sales of large stones earlier. The auction will become a regular happening once or twice a year.

From 2018, ALROSA is sorting its coloured rough diamonds into 19 colour groups. Most of them are polished by ALROSA cutting subdivision.

Pic caption: A fancy deep purple-pink cushion cut diamond of 11 carat

Pic courtesy: ALROSA

News Source : gjepc.org

Disclaimer: This information has been collected through secondary research and TJM Media Pvt Ltd. is not responsible for any errors in the same.

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