LOST IN TRANSLATION?
Sunday, October 25th, 2009In case you missed it, Christie’s auction house recently sold Leonore Annenberg’s 32.01 carat emerald-cut diamond for $7.7 million. Leonore was the wife of billionaire publisher Walter Annenberg and bought the ring herself to mark her 90th birthday.
Francois Curiel, the international head of Christie’s jewel auction was quoted as referring to the walnut sized diamond as coming to the auction with the “impeccable provenance or the Annenberg name.” He went on to exclaim that the diamond, “combines the best of the four C’s: color, clarity, cut and weight.”
Now I think if you’re going to buy a ring for $7.7 million, you ought to get four C’s. Personally, I wouldn’t pay more than $3 million for 3 C’s and a W!
