'The Rock', World's Largest White Diamond Worth $30 Million Is Ready To Appear At An Auction

The largest white diamond is ready to be sold and it can fetch a whopping $30 million when it goes to auction in Switzerland in May.

Christie¡¯s auction has announced that this pear-shaped diamond named 'The Rock' is 228.31 carats and it will lead the Geneva Magnificent Jewelssale on May 11, 2022, as part of Christie¡¯s Luxury Week.

This gemstone is extremely rare and it was mined and polished in South Africa over two decades ago and is the largest white diamond ever to be auctioned.

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Rahul Kadakia, Christie¡¯s International Head of Jewellery, said ¡°The Rock will join the very best of legendary gemstones which have passed through Christie¡¯s global salerooms since 1766. The market for diamonds is particularly vibrant and we are confident that this sensational gemstone will capture the attention of collectors across the globe this Spring season.¡±

Before the auction, the diamond will be displayed for viewing at different Christie¡¯s showhouses around the world. First, it will be displayed at Christie¡¯s Dubai from March 26 to March 29; then it will make pit stops in Taipei and at Rockefeller Plaza in New York City from April 29 to May 1. After this, this beautiful diamond will then be on display to the public during Christie¡¯s Luxury Week, which runs from the 6th to the 11th of May at the Four Seasons Hotel des Bergues Geneva.

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This diamond, which is as big as a human thumb is certified by the Gemmological Institute of America as G colour, VS1 clarity, and comes with a letter from the GIA stating that it is the largest existing D-Z colour pear-shaped diamond ever graded by the laboratory. The previous auction record for the largest white diamond was a 163.41-carat gem that sold for US$33,701,000 at Christie¡¯s Geneva in November 2017.

According to the GIA¡¯s website, unlike other diamonds on the market, white diamonds "can range from colourless (like a drop of pure water) to having tints of light yellow, light brown or grey."

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"The rarity, and therefore the value, of these diamonds is based in part on how closely they approach colourlessness."

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