A whopping 163.41ct – that’s the official size of the
gigantic emerald-cut stone anchoring a new necklace by Swiss jewellery house de
Grisogono as the brand celebrates its 25th anniversary. Fittingly flamboyant,
the necklace itself is a huge, swooping collar of emeralds and diamonds, with
the main event on a detachable setting at its base. And while the diamond is by
far the largest the brand has had the privilege of working with, the necklace
is typically "de Gris" (as it’s affectionately known by its jet-set
clients), bold in colour and scale and high on glamour.
The whole thing is named "the Art of de Grisogono –
Beyond Jewellery, Creation 1", and while that’s quite the name for a
necklace, it’s also quite a piece, and it is set to be auctioned at the
Magnificent Jewels sale at Christie’s, Geneva, on 13 November. The finished
product will have taken nearly two years to get to that point: the 404ct rough
diamond it started as was discovered in an Angolan mine in early 2016.
The 404ct rough diamond was discovered in an Angolan mine
But how big is an emerald-cut 163.41ct diamond, carob seeds
aside? How many of them would it take to fill a matchbox, or squeeze into a Tic
Tac packet? Could you swallow it whole or would you need to chop it up first?
I, like most, have only the vaguest idea, so I ask Fawaz Gruosi, founder and
creative director of de Grisogono, to put it into words.
"It’s quite difficult to compare it to anything
else," Gruosi tells says. "To compare it to an object won’t convey the
true feeling I got while holding it. It is extremely soft to touch, quite
heavy, and fits perfectly into the palm. A talisman that you wish to keep in
your hand forever." Gianluca Maina, de Grisogono’s globetrotting marketing
director, is far more upfront. "It’s domino-sized," he says,
matter-of-factly, which is a description most of us can get our heads around.
Fawaz Gruosi, founder of De Grisogono, holding the rough
diamond CREDIT: TOBY GLANVILLE
To say that the de Grisogono team is intimately acquainted
with the stone is no exaggeration, for this rock’s journey from rough stone to
the big Swiss sale has been a carefully managed process involving three main
players: de Grisogono, the jeweller who created the necklace; Nemesis, the
diamond trader that first acquired the uncut stone; and Christie’s, the auction
house bringing the finished product to the market.
"We hope to sell one major piece a year with
Christie’s; they will be a series of jewels dedicated to the incredible
creations of de Grisogono, featuring equally important roughs," Maina
explains.
This three-pronged, public approach to selling a very large
stone (the 27th-largest diamond ever found) isn’t the usual one. When big
gemstones go to auction, they’re either old, famous rocks that have passed
through many hands, or new stones marketed by the auction house with little
mention of the other players. All anyone generally cares about is who buys it,
and for what price. But what goes on in the lead-up is just as fascinating.
The Art of de Grisogono - Beyond Jewellery, Creation 1
CREDIT: TOBY GLANVILLE
Moshe Klein, whose family company was responsible
for cutting and polishing the diamond in June last year, after the initial
"cleaving" of the 404ct rough. This is the point at which the diamond
is first split across one of its planes, and it’s a pretty primitive-sounding
process compared with all the precautions taken beforehand.
"The rough stone goes back and forth between a lot of
experienced people in various parts of the world for analysis before we even
make that first cut," Klein explains. "We use a Galaxy laser to
examine the stone before we cleave it, which is probably the newest technology
in the world, but we use the oldest technology to actually make the cut: a
little scratch is made in the stone with a small piece of rough, then we put in
a special knife and split it."
The rough diamond was the 27th largest ever found
Klein describes the moment of cleaving as an intense one.
"I missed a couple of heartbeats," he admits. "Mr Gruosi was
watching, too, and at the moment it was cleaved we were holding hands and
holding our breath. God forbid it could have cleaved off a chunk of the main
part of the stone we were hoping to preserve."
The goal, as with all precious gems, was to get the largest
polished stone of the highest quality out of the rough. In this case, the 404ct
rough yielded more than everyone’s wildest dreams: a 163.41ct, Type IIa (as
close to chemically pure as a diamond can get), D-Flawless (as colourless and
unsullied as they come) stone with serious value.
"We won’t know what the piece is worth until we sell
it," says Rahul Kadakia, head of the jewellery department at Christie’s
New York, who is responsible for not only the key auction but also for the
marketing of the necklace in the run-up to it. "There is no estimate,
because it depends on what the buyer is willing to pay," Kadakia, ever the
salesman, explains. "But it would be at least $30 million for the diamond,
and another $3 million for the necklace."
Fawaz Gruosi CREDIT: TOBY GLANVILLE
Meanwhile, after its grand unveiling, in Hong Kong in
September, the necklace is accompanying Kadakia on a world tour for prospective
clients in Qatar, Dubai, London and New York. "It’s the largest diamond of
its kind in the world, so there’s going to be a lot of interest," he says.
"Not just from members of the trade but also from clients who want to buy
it as an investment. There are maybe eight or so who could afford to do so. It
really catapults de Grisogono into another category, offering a diamond of this
cut and quality larger than anyone has ever seen."
As for Gruosi, 13 November will be quite a day. "I’ve
been a jeweller for almost 30 years," he says. "Yet I never thought
it would be possible to be involved with such an exceptional stone, and from
the very beginning. The diamond we ended up with is so extraordinary, it is
like a dream. I can hardly believe it."
As for the auction itself, will he be there? "Of
course!" he says. "But I think
I might die when the gavel comes down."
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