52
Fashion Jobs
ZALANDO
Head of Engineering - Emerging Propositions
Permanent · HELSINKI
ESTÉE LAUDER COMPANIES
Beauty Advisor - Sokos Helsinki (Fulltime Temporary)
Fixed-term · HELSINKI
ESTÉE LAUDER COMPANIES
Full Time Beauty Advisor - Vantaa Airport, Helsinki
Permanent · HELSINKI
ESTÉE LAUDER COMPANIES
Estee Lauder Companies - Multi Counter Manager - Stockmann, Turku
Permanent · TURKU
MUJI
Avoin Hakemus - Myymälä
Permanent · HELSINKI
MUJI
Avoin Hakemus - Ravintola
Permanent · HELSINKI
JACK & JONES
Myyjä Jack & Jones Helsinki Outlet
Permanent · HELSINKI
MANGO
Sales Assistant
Fixed-term · VANTAA
RITUALS
Sales Advisor (Summerextra) - Tampere - Ratina Shopping Center
Permanent · TAMPERE
RITUALS
Sales Advisor (Summerextra) - Vantaa - Jumbo
Permanent · VANTAA
JACK & JONES
Kesätöihin Myyjäksi Vero Moda / Jack & Jones Porvoo
Permanent · PORVOO
NEW YORKER
Haemme Extra- Myyjiä New Yorkerin Myymälään Mikkeliin
Permanent · MIKKELI
NEW YORKER
Haemme Extra- Myyjiä New Yorkerin Myymälään Ouluun
Permanent · OULU
NEW YORKER
Haemme Extra- Myyjiä New Yorkerin Myymälään Vaasaan
Permanent · VAASA
MONKI
Sales Advisor, 10h (Summer Help Temporary)
Fixed-term · VANTAA
VERO MODA
Myyjä Vero Moda Seinäjoki Idepark
Permanent · SEINÄJOKI
ESTÉE LAUDER COMPANIES
MAC Make-up Artist (20h/Week) - Sokos Tampere
Permanent · TAMPERE
ESTÉE LAUDER COMPANIES
Beauty Advisor (30h/Week) - Stockmann Helsinki
Permanent · HELSINKI
MASSIMO DUTTI
Sales Assistant Massimo Dutti, Helsinki
Permanent · HELSINKI
H&M
Sales Advisor, 15h - Kesätyö
Permanent · SEINÄJOKI
H&M
Sales Advisor, 10h - Kesätyö
Permanent · KOTKA
H&M
Sales Advisor, 10-20h - Kesätyö
Permanent · PORVOO
By
Reuters API
Published
Aug 1, 2017
Reading time
2 minutes
Download
Download the article
Print
Text size

Russia to auction giant 51-carat polished diamond online

By
Reuters API
Published
Aug 1, 2017

Russian miner Alrosa said on Tuesday it plans to sell at an online auction in November a rare collection of polished diamonds produced domestically, including a giant 51.38-carat gem.


Photo: Alrosa



This huge, traditional round-cut diamond, whose 2.5 cm (1 inch) diameter is equal in size to the visible part of a human eye, bears the same name as the entire Dynasty collection.

According to Alrosa, which is state-controlled, it is potentially the most expensive diamond manufactured in the history of Russian jewellery because of its quality.

It took a year and a half for Alrosa's specialists to create five polished diamonds for the collection from a 179-carat Romanovs rough diamond, extracted at one of the company's mines in Russia's far eastern Yakutia region in 2015.

The collection is dedicated to the Tsar Peter the Great, who built the city of St Petersburg, and the Romanov dynasty, which ruled Russia for 300 years, Alrosa, the world's largest producer of rough diamonds in carat terms, said in a statement.

The collection's name fits well with a surge in patriotism in Russia triggered by Moscow's annexation of the Crimean Peninsula from Ukraine in 2014 and Western sanctions against Moscow.

"There was a good reason to choose the name for the collection, which is connected with Alrosa's intention to revive the traditions and memory of renowned Russian jewellers famous for their craftsmanship and filigree since Russia's first cutting and polishing factory founded by Peter I (the Great) early in the 18th century," the company said.

Alrosa's decision to produce these polished diamonds and sell them online fits with a broader industry quest to find new ways to the market and add value on the part of gem producers.

Alrosa and Anglo American's De Beers unit, which for the first time auctioned polished stones this year, produce about half of the world's rough diamonds.

The main 51.38-carat diamond has a 57-facet traditional round brilliant cut with triple excellent cut, D colour and VVS1 clarity.

"As to overall characteristics, it is unprecedented in the history of Russia," Alrosa said. The other stones in the collection are a 16.67-carat round-cut diamond, a 5.05-carat oval diamond, a 1.73-carat pear-cut diamond, and a 1.39-carat diamond.

During a media presentation of the collection in a luxury hotel in Moscow, Alrosa's chief executive Sergey Ivanov said that the company planned to sell the whole collection in one set. From his point of view, the starting price at the auction should be not less than $10 million. Alrosa also said that the collection would be shown in Israel, Hong Kong and then in the United States this autumn.

© Thomson Reuters 2024 All rights reserved.