The global economic crisis has not affected the prices or demand for diamonds. Christie’s says $104 million worth of diamonds were sold in the first six months of 2009. Photo: a Cartier diamond brooch, early 20th century.
The flawless Annenberg Diamond is a square emerald-cut D-color diamond of 32.01 carats mounted as a ring and flanked by two pear-shaped diamonds. The ring was designed by famous jeweler David Webb. The Annenberg Diamond is valued at up to $5 million, which makes it the most expensive precious stone to be sold in the past several years. The unique diamond belonged to Leonore Annenberg, a famous art collector and philanthropist. Together with her husband Walter Annenberg, she put billions of dollars into a trust for educational and cultural organizations. Mrs Annenberg was the former U.S. Chief of Protocol to President Reagan and headed the Annenberg Foundation. Walter Annenberg was the U.S. ambassador to Great Britain, as well as a famous publisher, media tycoon, diplomat and philanthropist. He was made an honorary knight of the order of the British Empire.
In 2008, the Christie’s Auction House sold over $383 million worth of jewelry.
Newsfeed
0
Access to the chat has been blocked for violating the rules .
You will be able to participate again through:∞.
If you do not agree with the blocking, please use the feedback form
The discussion is closed. You can participate in the discussion within 24 hours after the publication of the article.
