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Mr Georges, Founder of guess? buys Chloe Diamond

15 Nov '07
4 min read

Tonight's sale of Magnificent Jewels achieved an outstanding total of CHF 64,012,750 ($56,964,306) and was highlighted by the sale of the largest, purest white flawless brilliant-cut diamond ever to be offered at auction.

The stone was acquired tonight by Mr Georges Marciano, founder of Guess? Jeans, who paid CHF 18,193,000 ($16,189,769) for the stone - the second highest price for a diamond at auction and at $191,980 a carat, the highest price per carat ever paid for a white diamond at auction. Mr Marciano has already exercised his right to name the diamond, which is now known as the 'Chloe Diamond'.

David Bennett, Chairman of Jewellery for Sotheby's Europe & the Middle East, said: “The result achieved tonight for the Chloe Diamond is one of the highlights of my career. It has been a privilege to work on the marketing and sale of this magnificent stone, which ranks among the most beautiful diamonds I have ever seen.

Tonight's price of CHF 18.2 ($16.2) million makes it the second most expensive diamond ever sold at auction. Sotheby's continues to hold the world record for a single precious stone and jewel of any kind for The Star of the Season, which was sold in 1995 for $16.5 million."

Ron Cohen, CEO of Clean Diamonds Inc, Los Angeles CA, and the seller of the diamond, said: “I am absolutely delighted with the fantastic result achieved tonight by Sotheby's for this phenomenal, 84.37 carat stone. When I first saw the diamond in its rough form, weighing 365 carats and covering the palm of my hand, I knew immediately that it was of gem quality.

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