EDITOR’S PICK
Beyond Rare
Weighing in at 5.11 carats, this internally flawless (IF) triangular brilliant-cut gem is the largest Fancy Red diamond known to man. Its origins are humble; discovered in the 1990s by a farmer in the Abaetezinho river of the Alto Paranaiba region, Brazil. However, its trajectory has been nothing short of meteoric. Acquired in the early 2000s for an estimated $1.6 million USD per carat, it redefined the value of rarity.
The stone’s cultural significance was cemented during its exhibitions at the Smithsonian National Museum of Natural History in 2003 and 2005. In the latter exhibition, it was displayed alongside eight other phenomenally rare gems, standing as a peer among the world's most respected mineralogical treasures.
Yellow diamonds possess a warmth that white stones simply cannot replicate, yet they remain exceptionally rare—the fifth rarest colour after red, green, blue, and pink. To find a yellow diamond is fortunate; to find one of "Fancy" intensity is a statistical anomaly (occurring in only 1 of every 1,000 stones). To find the Cora Sun-Drop is a miracle.
At a staggering 110.3 carats (22.06 grams), the Sun-Drop is the largest known pear-shaped yellow diamond in the world. Formed between 1 and 3 billion years ago within the Earth’s crust, this primal giant was unearthed in a South African kimberlite pipe in 2010.
Following a six-month residency at London’s Natural History Museum, the stone was cut by the master craftsmen at Cora International in New York. Its moment of truth arrived at Sotheby’s Geneva in November 2011. Amidst tense bidding, it was secured by an anonymous collector via telephone for a total of $12.36 million USD (including commission and taxes)—a world record for a yellow diamond.
As Sotheby’s auctioneer Mr Bennett noted at the time, the sale price was "exactly within our expectations for a stone of this immense significance."