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Red Diamond, 3.15 Carats, Largest Colored Gem Ever to Auction

Posted: Dec. 11th, 2012  |  By DailyLuxe News

Photo Christie

Very few red diamonds larger than a cart are known to exist, according to a spokesperson from Christie’s, as reported by the Russian Times.

This gem, or rockstar, is the largest reddish-orange diamond ever graded by the Gemological Institute of America. Christie's pre-auction estimated sales price of it is between $700,000 and $1.2 million.

The diamond’s rarity is a fusion of both, its intense color and large size. Highly saturated diamonds in shades of red and orange are considered to be among the rarest of all fancy colored diamonds. 

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