Flawless 76 Ct Archduke Joseph Diamond Going Up For Auction

Oct 23, 2012

The Archduke Joseph Diamond is one of the world’s most legendary diamonds, primarily famous for its size, its flawless clarity, and perfect D color. Set to go on auction at Christie’s in Geneva on November 13th, this highly coveted diamond is expect to fetch a price upwards of $15 million dollars.

The Archduke Joseph Diamond, a size of 76.02 carats hails from the Golconda Mine in India, where other record-breaking diamonds have been unearthed including the Hope Diamond, the Koh-i-Noor diamond, and the Dresden Green diamond. However, the cushion-cut Archduke Joseph Diamond is considered to be the most perfect of these gemstone giants.

The diamond is named after one of its previous owners, the Archduke Joseph August Viktor Klemens Maria (1872-1962), part of the Habsburg Dynasty in Austria. It is uncertain as to how the diamond came into his possession, but the archduke was recorded as the first owner. After the archduke, the diamond was believed to be passed onto his son, and he placed it in a Hungarian vault for safe-keeping. After him the diamond was purchased by an anonymous buyer three years later who left the diamond in the bank where it stayed safe for the duration of World War II.

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The diamond made a brief re-appearance in 1961 in a London auction house. The Archduke Joseph Diamond was not seen again until 1993 when it turned up in Christie’s auction house for the first time from an anonymous owner. At that time, the diamond was sold for $6.5 million dollars.

Now back on the auction block, the 400 year Archduke Joseph Diamond is already generating a lot of buzz. The diamond will be on exhibition at the Christie’s New York and Christie’s Hong Kong before traveling to Geneva to go up for sale one more time on November 13th.

Established in 1912, the King family has owned and operated King Jewelers for five generations while building an outstanding reputation steeped in quality, value, and first-class service. Today, King Jewelers has brick-and-mortar stores located in Aventura, FL and Nashville, TN, both of which have won numerous regional and national awards of distinction. Offering a magnificent selection of fine jewelry collections including the hottest Italian designs, estate jewelry, colored gemstones and fancy-colored diamonds, as well as luxury European timepieces, King Jewelers prides itself in being one step ahead of the trend. In addition, King Jewelers offers on-site jewelry and watch repairs, custom design services, appraisals, estate buying, and corporate gift programs. For more information, visit www.kings1912.com.


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