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Posts Tagged ‘Pohahalo’

Christie’s To Put Ponahalo Diamonds On Sale

Saturday, September 27th, 2008

Come October 15 and two large beautiful diamonds are going to be up for sale at Christie’s New York Sale. Called the Ponahalo Diamonds, they weigh 102.11 and 70.87 carats approximately and are among some of the finest diamonds in the world today.

The Ponahalo Diamond was found in a DeBeers mine and since it was a very special diamond, it was given a name, following a tradition of christening the ones that were the best. This one was 316.15 carats and the name meant ‘vision’ in the local dialect. This large rough diamond was cut up into four diamonds and these two that are on sale took 1 ½ years to shape.

Whatever is realised from the sale of these diamonds will go towards the Diamond Empowerment Fund.

The New York Sale also features a whole lot of jewellery that are outstanding like exquisitely designed diamond engagement rings, necklaces, brooches, etc. The estimated sale proceeds are in the region of around £18 million.