Christies to Auction 15-Carat Orange Diamond in Geneva

RAPAPORT... Oct 10, 2013 8:25 AM by Deena Taylor Christie's Geneva will present ''The Orange,'' a rare pear-shaped,14.82-carat, VS1, type IIa, vivid orange diamond at its magnificent jewels sale on November 12. The diamond has a presale estimate of $17 million to $20 million.

This diamond is almost four times larger than that size range. In GIA’s colored diamond grading system, as the color appearance of strongly colored diamonds transitions from orangy yellow to orange the occurrence becomes progressively more rare, that is, the less yellow present the more rarely they occur, according to the GIA.

Pure orange diamonds are known as fire diamonds, as named by renown gemologist Edwin Streeter in 1882.The are extremely rare in nature.
The largest orange diamond to be sold at auction to date was ''The Pumpkin Diamond,'' a 5.54-carat diamond that fetched $1.3 million at Sotheby's in 1997 when it was sold to Ronald Winston, of Harry Winston Inc.