The Art of de GRISOGONO, 'Creation 1' Breaks Records at Christie's Magnificent Jewels Sale in Geneva

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GENEVA, Nov. 15, 2017 /PRNewswire=KYODO JBN/ --

Today, industry records were broken as Christie's auctioned de GRISOGONO's

ground-breaking necklace, 'The Art of de GRISOGONO, Creation 1', at the

landmark Magnificent Jewels sale in Geneva, with the necklace achieving the

price of CHF 33,500,000 / US$ 33,701,000.

     (Logo: http://mma.prnewswire.com/media/604925/de_GRISOGONO_Logo.jpg )

     (Photo: http://mma.prnewswire.com/media/604926/de_GRISOGONO_Creation.jpg )

This breath-taking masterpiece, designed by Fawaz Gruosi, Founder and Creative

Director of de GRISOGONO, features a 163.41-carat Flawless D-Colour diamond,

cut from the historical 404-carat diamond.  This was extracted from the Lulo

mine in Angola by the listed Australian mining company, Lucapa Diamond

Caompany.

This marks a new milestone for de GRISOGONO and is the largest ever emerald-cut

diamond offered at auction.  

The sale breaks the previous record price for a D Flawless Diamond which was

US$30,600,000.

The 404-carat rough diamond was acquired from the Lulo mine by de GRISOGONO's

strategic partner, international rough diamond trader Nemesis, who granted the

marketing rights of this incredible stone to de GRISOGONO.  This allowed Fawaz

Gruosi to guide the process from the cutting of the rough stone to the

sublimely luxurious, finished High Jewellery necklace.  The final design was

chosen in February 2017, in keeping with de GRISOGONO's daring creativity,

whilst simultaneously being fit for such a significant stone. 14 highly-skilled

artisans spent 1,700 hours creating this astonishing necklace.

This diamond has impeccable credentials, entirely traceable from mine to

masterpiece and compliant with the Kimberley Process certification authority.

The 163.41 carats emerald-cut diamond has been certified by the GIA, the

world's foremost authority on diamonds, coloured stones and pearls.

Commenting today, Fawaz Gruosi, said:

"This auction marks a high point for de GRISOGONO and the team that have worked

so tirelessly to bring this incredible stone to life in this beautiful piece,

Creation 1. This is the largest emerald-cut diamond ever to come to auction and

so it was uncharted territory.  I am truly privileged to have had the

opportunity to work with a historic stone of such perfection and would thank

everyone who has taken part in this beautiful journey from mine to masterpiece."

As part of a long term commitment that de GRISOGONO's partner Nemesis  is

making towards local communities in mining areas, Nemesis will be donating 1%

of the hammer price from the sale of 'Creation 1' to the foundation Fundacao

Brilhante

(http://www.endiama.co.ao/en/the-endiama-group/brilliant-foundation/brilliant-fo

undation-the-social-face/49 ). Fundacao Brilhante is dedicated to championing

positive social change in the areas surrounding mines in Angola and has

committed to using the donation to support the construction of a primary school

and health centre in the vicinity of the Lulo mine.

A short documentary can be viewed at https://theartofdegrisogono.com/ , which

demonstrates the various stages involved in the piece's crafting and de

GRISOGONO's inimitable expertise.

SOURCE: de GRISOGONO