Dazzling year for fancy colour diamonds

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Fancy colour diamonds were ultimate showstoppers at international auctions this year while major jewellery houses continue to place them at the centre of their iconic collections, all thanks to these diamonds’ exceptional allure and cultural significance.

Two record-breaking fancy colour diamond sales took place in 2022 – that of the 11.15-carat Williamson Pink Star, which sold for US$57.7 million at Sotheby’s Hong Kong in October, achieving a record price per carat; and the 18.18-carat Fortune Pink diamond, which fetched US$28.8 million at Christie’s Geneva in November. The latter is the largest pear-shaped fancy vivid pink diamond ever to be sold at auction.

In its upcoming Magnificent Jewels sale on December 7, Sotheby’s is once again aiming to impress the market with the 303.10-carat pear-shaped fancy deep brownish-yellow diamond, named Golden Canary Diamond, valued at US$15 million to US$20 million.

Fancy colour diamonds are likewise the stars of major companies’ high jewellery collections. Graff, for instance, offers a wide selection of exquisite pink and blue diamonds. The celebrated jeweller is also the creative force behind some of the industry’s legendary diamonds such as the 23.88-carat Graff Pink and the 31.06-carat Wittlesbach-Graff from the Golconda mine – renowned as the largest natural fancy deep blue internally flawless diamond ever discovered.

Tiffany & Co meanwhile is instrumental in the phenomenal rise in popularity of fancy yellow diamonds, which began with the purchase of the 128.54-carat Tiffany Diamond in 1878. Today, the company offers an expansive range of handcrafted, responsibly sourced fancy colour diamond jewellery pieces.

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