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Graff Yellow Diamond sold for £9m

anniversary-jewelleryOn 13th May 2014, Sotheby’s in London auctioned off the Graff Vivid Yellow, a diamond weighing 100.09cts cut by London jeweller Laurence Graff. The rare yellow diamond secured a winning bid of £9m from a private buyer thanks to its stunning, vibrant canary yellow colour and the diamond’s weight.

Burgeoning trend

The current trend for celebrities to wear coloured gemstones has driven up retail value recently and Vashi Dominguez, founder of Vashi.com and diamond expert, commented, “The growing trend from celebrities Heidi Klum, Carrie Underwood and most recently George Clooney’s fiancée Amal Alamuddin’s yellow diamond engagement ring, has definitely sparked a massive interest and demand in coloured, polished stones, which is likely to see a growth in their retail and market value.”

Expensive taste

With the Pink Star Diamond selling for a cool £53 million in November 2013 and coloured stones attracting record prices in recent years, the Graff Yellow Diamond’s rarity attracted a great deal of attention from investors and high net worth individuals as well as diamond lovers from across the world.

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