Alrosa sells main diamond from Dynasty collection
Diamond miner Alrosa on Thursday sold its Dynasty collection, and its central diamond of the same name, a 51.38-ct round stone, for a total of $10-million.
The first auction for the sale of the collection, held in November 2017, saw four of the five stones sold, with the excess of final prices over reserve prices averaging about 30%.
The Dynasty collection, which took a year and a half to create, comprised five diamonds manufactured from a 179-ct rough diamond, named ‘The Romanovs’.
The Romanovs was a unique rough diamond which was recovered from Nyurbinskaya kimberlite pipe in the Republic of Sakha, in Yakutia, in 2015.
The central diamond of the collection is a 51.38-ct traditional round brilliant-cut diamond, colourless, with no inclusions, and is the purest of all large diamonds manufactured throughout Russian jewellery history, the company said on Friday.
"We are happy to announce the successful sale of the whole Dynasty collection. For Alrosa, it was the first experience of creating our own collection of diamonds, of a road show in different countries worldwide, and of the sale at an electronic platform,” Alrosa CEO Sergey Ivanov commented, adding that the experience has been a success for the company.
The total revenue from the sale of the Dynasty collection amounted to about $10-million, which is in line with Alrosa’s initial estimates.
“We will keep on working and introducing new diamond collections to the market," he added.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
At Airshrink - CiP, we surpass customer expectations with innovative MV and LV cable accessories, including heat shrink joints, terminations,...
VISIT SHOWROOM
AirNox (Pty) Ltd is a level 1 BBBEE manufacturer of complete AdBlue® solutions for operators of SCR diesel engines and AUS40 across South Africa...
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
