Sourcing

Alrosa Creates a ‘Dynasty’ Out of 179-Carat Diamond

SourcingAug 03, 2017

Alrosa Creates a ‘Dynasty’ Out of 179-Carat Diamond

The highlight of five-stone collection is a 51.38-carat round brilliant D VVS1 diamond.

20170803_Romanovs.jpg
This is a computer-generated image of the 179-carat “The Romanovs” rough diamond. Its name is a nod to Romanov-era ruler Peter the Great, who launched the development of the country’s diamond deposits and ordered the creation of Russia’s first diamond cutting and polishing factory in the early 18th century.

Moscow--In Russia, The Romanovs have become a dynasty again, so to speak.

This week, Russian diamond mining company Alrosa unveiled the diamonds it cut from a 179-carat piece of rough it unearthed in 2015 and dubbed “The Romanovs.”

All told, the big stone produced five diamonds totaling 76.22 carats, a yield of about 43 percent.

They are slated to be sold individually at a special online auction this fall.

Pavel Vinikhin, director of Diamonds Alrosa, the company’s cutting and polishing division, told National Jeweler on Thursday that Alrosa places the value of the five-stone collection, called “The Dynasty,” around $10 million but might change this following upcoming auction previews in Hong Kong and Israel.

The crowning glory of the collection, a diamond also dubbed “The Dynasty,” is a 51.38-carat round brilliant that is the highest-quality diamond of its size ever cut by Alrosa.

The Gemological Institute of America graded The Dynasty as a D color, VVS1 clarity diamond with a triple excellent cut.

Alrosa has cut and polished diamonds that are bigger.

The largest 57-facet round brilliant diamond cut by Alrosa was 52.26 carats, and the mining company also cleaved the pear-shaped 80.59-carat Star of Vilyuisk.

But neither diamond was of the same color and clarity as The Dynasty.


This picture provided by Alrosa shows the 51.38 D color, VVS1 clarity diamond called “The Dynasty” in its finished state. 
Alrosa created the five diamonds in the collection at its cutting and polishing facilities in Moscow.

The company said its most experienced cutters worked on whittling down the 179-carat Romanovs diamond, discovered at the Nyurbinskaya kimberlite pipe in the Republic of Sakha (Yakutia) two years ago.

Because of the high-pressure nature of the job--one mistake on a large, valuable stone like The Romanovs could be very costly--the cutters were put on a week-long leave several times, Alrosa said.

Commenting on the creation of the 51.38-carat diamond specifically, Vinikhin said in a press release: “This stone gives a start to a new stage in the development of Alrosa’s cutting division that will actively develop polishing of extra-large and colored diamonds. The Dynasty demonstrated that we can do it at the highest level. We work a lot on the technique, combine modern technologies with the secrets of jewelers of the Russian Imperial Court.”

The other four stones cut from the rough are named for individuals who played a crucial role in the development of the jewelry industry in Russia.



The second-largest stone is
the 16.67-carat round brilliant Sheremetevs diamond, named for Count Pyotr Sheremetev, a companion of Peter the Great and a senator under Catherine the Great who was a customer of the Russian jewelry houses of his time.

There is also the 5.05-carat oval-shaped Orlovs diamond, named for Count Grigory Orlov, the senator who gave the famous 189.6-carat Orlov Diamond to Empress Catherine II.

The 1.73-carat pear-shaped Vorontsovs is named for the one-time chancellor of the Russian Empire, Count Mikhail Vorontsov, while The Yusupovs, a 1.39-carat oval, is a nod to Prince Nikolai Yusupov, who started his family’s massive jewelry collection.

All four are D color and VVS1 clarity.

The online auction of the Dynasty collection is slated to take place in November. Terms of participation are available on Dynasty.Alrosa.Ru.
Michelle Graffis the editor-in-chief at National Jeweler, directing the publication’s coverage both online and in print.

The Latest

Roberto Coin Fleur de Lis jewelry
MajorsMay 09, 2024
Watches of Switzerland Pays $130M for Roberto Coin Inc.

The deal gives the retailer control over the distribution of Roberto Coin jewelry in the U.S., Canada, Caribbean, and Central America.

Lauren K Mosaic necklace
TrendsMay 09, 2024
Amanda’s Style File: Shine Bright, Moms  

Show your mother some love with a piece of fine jewelry.

Kyle Edward Fine Jewelry
IndependentsMay 09, 2024
Kyle Edward Fine Jewelry to Close Salisbury Store

The company’s Easton location will remain open.

Header image w logo.jpg
Brought to you by
From Registration to Return: 10 Tips to Protect You Before, During and After a Tradeshow

Tradeshow risks are real. Get tips to protect yourself before, during and after and gain safety and security awareness for your business.

Jewelers Board of Trade logo
MajorsMay 09, 2024
JBT Elects New Chairman

Brian D. Fleming of Carla Corporation was elected to serve a one-year term in the role.

Weekly QuizMay 09, 2024
This Week’s Quiz
Test your jewelry news knowledge by answering these seven questions.
Take the Quiz
Las Vegas Antique Jewelry and Watch Show Bracelets
Supplier BulletinMay 08, 2024
Fusing Past and Present at the Las Vegas Antique Jewelry & Watch Show

Sponsored by the Las Vegas Antique Jewelry and Watch Show

Vikki Tobak
EditorsMay 07, 2024
Q&A: Author Vikki Tobak on the ‘Ice-Cold’ Exhibition

Tobak, author of “Ice Cold: A Hip-Hop Jewelry History,” shares how the exhibition came to be, and the pieces people may be surprised to see.

national-jeweler-top-image-v1.jpg
Brought to you by
Rio’s Reimagined Podcast: For the Love of Jewelers

Meet Ben Claus—grand prize winner of For the Love of Jewelers 2023 Fall Design Challenge.

Cynthia Erivo, Zendaya, Lewis Hamilton at the Met Gala
EditorsMay 07, 2024
10 On-Theme Looks from the 2024 Met Gala

Stars adorned themselves in emeralds, platinum, and myriad bird motifs, writes Associate Editor Natalie Francisco.

Rendering of M.S. Rau pop-up shop in Aspen, Colorado
IndependentsMay 07, 2024
112-Year-Old New Orleans Business Popping Up in Aspen

M.S. Rau is set to open a seasonal gallery in the high-end resort town early next month.

Vhernier Calla necklace rose gold and ebony
MajorsMay 07, 2024
Richemont Acquires Italian Jeweler Vhernier

The branded jewelry market is thriving, said Richemont Chairman Johann Rupert.

The six Couture Luminaries designers 2024
CollectionsMay 07, 2024
These ‘Luminaries’ Are Set to Light Up Couture

The six designers, all participants in the show’s Diversity Action Council mentorship program, will exhibit in Salon 634.

Sylvester Stallone watch auction
AuctionsMay 07, 2024
Sotheby’s to Auction Sylvester Stallone’s Watches

The highlight of his collection is the coveted Patek Philippe Grandmaster Chime, which could sell for up to $5 million.

Models Wearing Venetian Link Bracelets and Necklaces
CollectionsMay 07, 2024
Phillip Gavriel Pays Tribute to Venice With New Collection

The “Venetian Link” series modernizes the classic Veneziana box chain in its bracelets and necklaces.

Jewelers of America logo
Events & AwardsMay 07, 2024
JA Now Accepting Applications for New Bench Jeweler Scholarship

The Seymour & Evelyn Holtzman Bench Scholarship will provide tuition assistance to two low-income students.

Rolex and Hallmark logos
Policies & IssuesMay 06, 2024
Rolex Files Objection to Hallmark’s New Trademark Application

The Swiss watchmaker said the company’s plans to use a new version of the Hallmark crown on jewelry would confuse consumers.

Anglo American executive Benny Oeyen
EditorsMay 06, 2024
Q&A: 8 Questions With Anglo American’s Benny Oeyen

The executive talked about the importance of self-purchasers and how fuel cell electric vehicles are going to fuel demand for platinum.

Opening of Malabar Gold & Diamonds store in Naperville Illinois
MajorsMay 06, 2024
Malabar Gold & Diamonds Opens 4th U.S. Showroom

The Indian jeweler’s new store in Naperville, Illinois marks its 350th location, part of its ongoing global expansion plans.

Ben Bridge Jeweler Logo
Events & AwardsMay 06, 2024
Ben Bridge Jeweler Accepting Applications for Lonia Tate Scholarship

It will award a graduating high school student with about $10,000 toward a GIA diploma and an internship with the Seattle-based jeweler.

Mug shots of murder suspects Michael McCormack and Charles Robinson Shay
CrimeMay 03, 2024
Second Suspect Arrested in Murder of Colorado Jeweler

Wheat Ridge, Colorado police took a 50-year-old man into custody Wednesday following a two-month search.

Five Platinum Pieces
CollectionsMay 03, 2024
A Sneak Peek Into PGI’s Couture Platinum Spotlight Program

PGI partnered with four new and seven returning designers for its annual platinum capsule collection.

Kristie Nicolosi
MajorsMay 03, 2024
Kristie Nicolosi Joins WJA Board Again

Nicolosi, president and CEO of The Kingswood Company, previously sat on WJA’s board from 2011 to 2018.

Karina Brez Bit of LUV Bracelet
CollectionsMay 03, 2024
Piece of the Week: A “Bit of LUV” for the Derby

Karina Brez’s race-ready piece is a sophisticated nod to the horse-rider relationship.

Stock image of handcuffs and gavel
CrimeMay 02, 2024
4 Indicted in Burglary Ring Targeting Indian, South Asian Families

The men are allegedly responsible for stealing millions in jewelry and other valuables in 43 burglaries in 25 towns across Massachusetts.

Horizon Campaign Collage
CollectionsMay 02, 2024
Foundrae Launches ‘Horizon’ Collection

“Horizon” invites individuals to explore the limitless possibilities that lie ahead, said the brand.

Pandora jewelry
FinancialsMay 02, 2024
Pandora Raises Guidance After Strong Q1

The jeweler credits its recent “Be Love” campaign and ongoing brand revamp for its 17 percent jump in sales.

Glenn Lewis
IndependentsMay 02, 2024
Oklahoma Jeweler Glenn Lewis Dies at 68

The co-founder of Lewis Jewelers was also the longtime mayor of the city of Moore.

×

This site uses cookies to give you the best online experience. By continuing to use & browse this site, we assume you agree to our Privacy Policy