De Beers Millennium Jewel 11

wikicollecting

wikicollecting

2015-06-26 10:54:02

De Beers Millennium Jewel 11 is a 5.16-carat diamond ring that sold for £4.12 million in 2010. Description

The 5.16-carat, pear-shaped diamond is natural, fancy vivid and blue. It has internally flawless clarity and is inscribed with "De Beers Millennium Jewel 11".

It is set in a size 5½ ring flanked by two white diamonds.

The diamond is accompanied by GIA report 1112874424.

History

The jewel formed part of the 12-diamond DeBeers Millennium Jewels collection, which was displayed at London’s Millennium Dome to celebrate the new millennium. Among the 12 diamonds was the Millennium Star.

An unsuccessful raid on the collection took place at the Millennium Dome on November 7th 2000.

The diamond, as with the others in the collection, was sold to a private collector in 2000.

Sale

Alisa Moussaieff, the founder of Moussaieff Jewellers in London, was reported to have bought the diamond at a Sotheby’s auction in Hong Kong in April 2010 for HK$50 million.

The auction price was far above the estimate of HK$36-46 million.

Moussaieff was expected to remount the diamond and then offer it for resale.

It was the first time a diamond from the Millennium Jewels collection had been put up for auction since they were passed to private collectors in 2000.

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