32-Carat Diamond Ring Sold Through Christie’s
Saturday, October 24th, 2009It’s a flawless diamond and it is all of 32 carats. The diamond has an emerald cut and it belonged to Leonore Annenberg who worked as US Chief of Protocol in the Reagan administration in the US. She was married to Walter Annenberg, the billionaire publisher who passed away seven years ago. She passed away early this year and the auction house was commissioned to sell it in New York.
The diamond is set in a ring and has smaller pear-shaped diamonds on either side of it. It’s a huge diamond – almost the size of a walnut and it was cut by the famous David Webb of Manhattan. Christie’s thought they would get between £1.8 million and £3 million for it. What they did not expect from the buyer who remains anonymous was the astounding amount of close to £5 million that they got. The last 30-carat diamond they sold went for £1.8 million.

