Because of this misleading hue, Internet Stones noted that it was initially sold as a garnet. “My job will be to heighten people’s awareness of the extraordinary jewels at Moussaieff.” Politmore Tiara, worn by Princess Margaret on her wedding day, The Near-Disaster That Met With Princess Beatrice’s Bridal Tiara On The Queen’s Own Wedding Day. The Diamond Rough™ Education Course for the Trade, Found by a Brazilian farmer in the Abaetezinho River in the Alto Paranaiba region of Brazil in the early 1990s, Bought and Cut by The William Goldberg Diamond Corporation, Set Record for the Largest Naturally Colored Fancy Red Diamond ever graded by GIA, Bought in the early 2000s by Shlomo Moussaieff (Moussaieff Jewelers Ltd.), Exhibited at ‘The Splendor of Diamonds’ exhibition at the Smithsonian National Museum of Natural History in Washington, DC from June 27 – September 30, 2003, Exhibited at another exhibition at the Smithsonian National Museum of Natural History in Washington, DC from July 8, 2005 – February 26, 2006. This structural flaw is called plastic deformation, and it causes light to pass through the lattice and bend in such a way that it reflects the gorgeous ruby-like hue. And although his focus will now be modern jewels, Warren won’t entirely leave the world of antiquity behind.

The source noted that it's likely the stone was formed in the mining area's alluvial deposits. This is a rare and extremely beautiful one-of-a-kind Diamond. When other markets fail, jewellery is very resilient, historically it’s always been a glamorous form of storage of value with a unique tangibility that people find reassuring.

The stone was later bought for $880,000 in 1987. What is Warren keen to get his hands-on when the vault opens tomorrow morning? Next week the hammer will fall on these adventures as he begins a new life on Bond Street, on the opposite side of the gavel, as the CEO of the 160-year-old House of Moussaieff family jewellers. It was purchased by a renowned collector named Warren Hancock in 1956 for $13,500. It’s the largest and finest Fancy Red Diamond ever discovered. He does acknowledge that some people will remain cautious in the second half of this year and in a changing world people might alter how they acquire jewels.

The diamond was named the Red Shield, until Moussaieff Jewelers acquired it in the early 2000s for around $8 million. What I bring with me is access to the European and US markets which can’t be ignored.” He’ll bring fresh eyes to the retail environment and confesses to having lots of ideas. As massive brilliant red diamond, this gem has a rich history and has kept the interest of the jewelry industry for years. According to The Cape Town Diamond Museum, fluorescent light is the least complimentary to these stones, while daylight and candlelight bring out their beauty.


“Clients might want to buy in a quieter way than they did before, and they might not travel as much,” he says, “which is a good opportunity for retailers going forward.”. As such, these gems also command some of the highest price tags ever set. “David has a tremendous breadth of knowledge of all jewellery cultures and style trends,” says Alisa, “it’s with a view of fashion and haute couture that we will be working together developing our brand.” Collectively, we’ve dressed down for simpler post-Covid lives, lives in which big gems may not feature in the same way as they did before. After that, the De Young Red is the next-largest gemstone in this hue.

The Moussaieff Red on display twice at the Natural History Museum of the Smithsonian Institution in Washington, D.C. Red diamonds only exist with one colour intensity, Fancy, although their clarities can range from Flawless to Included, just like white diamonds. The source noted that it's likely the stone was formed in the mining area's alluvial deposits. It’s going to take me a long time to assess the treasures, but I have already held the Moussaieff red diamond in my hand which is unbelievable.

“Spinels have been overlooked,” he believes, “A large stone set into 22-carat gold can look very dynamic and modern. The most famous red diamond is the Moussaieff Red Diamond. For 42 years as senior international director of Christie’s Jewellery he travelled the world searching for historic diamonds, antique jewels and Indian treasures for the Magnificent Jewels Hong Kong and Geneva sales.

Until recently David Warren’s life was a lengthy treasure hunt. It was then bought by the William Goldberg Diamond Corporation of New York, which is known for possessing remarkable stones like the Guinea Star and the Premier Rose.

Ironically, during his last Christie’s Geneva sale in July, a 100-carat D flawless shield-shaped diamond was bought by Moussaieff for over $6 million, just to add to the inventory, to keep for a rainy day. What's truly special about this diamond, the Cape Town Diamond Museum explained, is that it boasts VS1 clarity, and the purest and most saturated hue of any red diamond discovered. Like colorless stones, they are made of pure carbon. One of the most remarkable things about diamonds is that they exist in nearly every shade of the rainbow.

As with any other colored stone, the more intense the hue, the more rare and valuable it is. This is a rare and extremely beautiful one-of-a-kind Diamond. The largest and most flawless red diamond is the 5.11 carat Fancy Red Moussaieff Red Diamond, which has internally flawless clarity.