Industry News by Nemesis

Historic Cullinan Document Fetches $28K

May 5, 2019

 

The original manuscript that paved the way for the cutting of the 3,106-carat Cullinan diamond to create the British Crown Jewels fetched more than seven times its high estimate at Bonhams. 

The sale included the documents representatives of King Edward VII and London diamond brokers M.J. Levy & Nephew signed in 1908, as well as a paste replica of the Cullinan diamond in its original rough form. Two replica sets of the nine principal diamonds that form the Crown Jewels also featured in the collection at the London sale Tuesday. 

The entire group sold for GBP 21,312 ($27,845) against its high valuation of GBP 3,000 ($3,900), after a bidding war between live, online and phone buyers, the auction house said. 

Image: The original Cullinan documents and replica stones. (Bonhams)

 

Source: Rapaport

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