FAMOUS ORANGE DIAMONDS

 

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The Pumpkin

The Pumpkin diamond is a 5.54 ct, fancy vivid orange, cushion shaped stone. Originally an 11.00 ct., brownish orange rough was mined in South Africa in 1997, but the mine of origin is unknown. Its original owner was a farmer and it is therefore assumed to have been found in alluvial deposits.

The rough was cut and polished by William Goldberg of the William Goldberg Diamond Corporation. The finished product revealed an incredibly unique intense orange colour. The stone was assessed by the Gemological Institute of America with the claim that, "The Pumpkin diamond is one of the largest fancy vivid orange, naturally coloured diamonds in the world."

The stone's name is derived from the fact that on October 30th, 1997, only one day before Halloween, the diamond was purchased by Harry Winston, at a Sotheby's auction for a price of $1.3 Million USD. The combination of the stone's shape, colour and the time of year it was purchased all seem to contribute to its current moniker.

Ronald Winston and Phillip Bloch designed the now famous ring which was worn by Halle Berry when she accepted her Best Actress Oscar for the movie, Monster's Ball at the 2002 Academy Awards. The Pumpkin Orange diamond was set between two smaller white diamonds.

When the highly esteemed company of Harry Winston acquired the Pumpkin Diamond in 1997 for a cost of $1,322,500 USD or $238,718 USD per carat, no one knew how many years would pass before another orange diamond the likes of the Pumpkin would come to market.

It was not until 2010 and then again in 2011 that we saw diamonds of the same calibre come to auction via Sotheby's. As these stones are relatively new on the scene there is very little providence for either to note. However, the hammer price alone should be interesting enough as they each shattered the per carat cost of the infamous Pumpkin Diamond. Here are the auction details and an image for each.

 

 

 

The Mandarin Orange

Auction Details:

Sotheby’s Hong Kong, October 5, 2011, Lot #2669

Total Paid:

$2,956,410

Price Per Carat:

$705,587 per carat

Auction Estimate:

$2.4 Million to $2.95 Million

Item Details:

A cushion shaped 4.19 ct. fancy vivid orange VVS1 diamond mounted on a shank set throughout with round cut diamonds. Sold to an Asian private.

 

 

 

 

Fancy Intense Pinkish Orange

 

Auction Details:

Sotheby’s New York, April 20, 2010, Lot #557

Total Paid:

$3,106,500

Price Per Carat:

$405,019 per carat

Auction Estimate:

$2.5 Million to $3.5 Million

Item Details:

A rectangular modified round 7.67 ct fancy intense pinkish orange IF type IIa diamond was set in a ring, framed by small round white diamonds.