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

Myne London
CollectionsJul 12, 2024
Myne London to Support Malala Fund

The emerald supplier will donate a percentage of sales from its “Star Power” earrings to the nonprofit in support of girls’ education.

The Jewelry Symposium logo
Events & AwardsJul 12, 2024
The Jewelry Symposium Is Looking for Speakers

TJS is seeking jewelry manufacturing and technology experts to speak at its 2025 event.

Sculptural Freeform Earrings
CollectionsJul 12, 2024
Piece of the Week: Marrow Fine’s ‘Sculptural Freeform’ Earrings

The earrings were inspired by the landscape at Joshua Tree and Jean Arp’s abstract sculptures.

Untitled design.jpg
Brought to you by
The End of an Era? Lab-Grown Diamonds' Journey Towards Price Stability

As the demand for lab-grown diamond jewelry may still be increasing, the most notable change we are likely to see is price stabilization.

Madeline Fraser Gemist
EditorsJul 11, 2024
Q&A: Gemist CEO Madeline Fraser on Jewelry Visualization Technology

Fraser shares why she decided to shift from a direct-to-consumer retailer to a B2B technology company.

Weekly QuizJul 11, 2024
This Week’s Quiz
Test your jewelry news knowledge by answering these questions.
Take the Quiz
Jewelers of America learning workshop Providence logo
Events & AwardsJul 11, 2024
JA to Host Next Learning Workshop in Providence

The one-day workshop will be held July 17 at the Rhode Island School of Design.

Jewelers International Showcase Logo Statue
Events & AwardsJul 11, 2024
Registration Now Open for JIS Fall 2024

The jewelry trade show will take place in Miami Oct. 6-9.

1872 x 1052 Gemolite.jpg
Brought to you by
Meet Gemology’s Next Generation Microscope: GIA® Gemolite® NXT Professional Edition

GIA®’s most advanced microscope has new features to optimize greater precision and comfort.

Kyle Kuzma, D’Angelo Russell, Jalen Green, Jaime Jacquez Jr., Kevin Love, Josh Hart, and Seth Curry
MajorsJul 11, 2024
David Yurman Names 7 NBA Players as Brand Ambassadors

The partnership reinforces David Yurman’s position as a leader in men’s jewelry, said the company.

U.S. Customs and Boarder Protection Paperwork
CrimeJul 10, 2024
US Customs Seizes $10M in Counterfeit Jewelry

Officers intercepted three packages within 24 hours containing fake goods claiming to be from various luxury brands.

Matturi Fine Jewelry totem jewel
Events & AwardsJul 10, 2024
IAC’s Gold and Diamond Conference to Focus on ‘Expanding Horizons’

The 14th annual conference will host panels on cross-sector collaboration, industry sanctions, and more.

Immediate Connections
Events & AwardsJul 10, 2024
Women’s Art Center of the Hamptons to Host Jewelry Exhibition

“Immediate Connections” will be on view from July 18-21.

Buccellati butterfly brooch
TrendsJul 10, 2024
Amanda’s Style File: Slither and Fly

Snakes, birds, and bugs are all the buzz this summer.

Peter Smith
ColumnistsJul 09, 2024
11 and ½ Thoughts on Leadership

From prioritizing “big rocks” to practicing transparency, Peter Smith explores what it takes to be an effective leader.

John Hardy bracelet and Wölffer Estate Summer in a Bottle rosé
CollectionsJul 09, 2024
John Hardy Toasts to Wölffer Estate With New Collection

The capsule collection is inspired by the Hamptons vineyard’s Summer in a Bottle rosé.

Graff’s fancy yellow and white diamond necklace
CollectionsJul 09, 2024
See Graff’s New High Jewelry Creations

The jewels are inspired by modern architecture with a focus on the play of light and movement.

Ravi Bhansali and Isidore Mörsel
SourcingJul 08, 2024
AWDC Re-Elects Isidore Mörsel as Board President

Ravi Bhansali has been elected vice president.

Tiffany Stevens
GradingJul 08, 2024
IGI Names Tiffany Stevens to Lead North American Business

Stevens, the former CEO of the Jewelers Vigilance Committee, will succeed Avi Levy.

Michael Richards and Clayton Bromberg of Underwood’s
IndependentsJul 08, 2024
Underwood’s Appoints Michael Richards as President

Clayton Bromberg will remain as chairman of the Florida jeweler.

Yale Peabody Museum quartz sandstone concretion
SourcingJul 08, 2024
Yale Peabody Museum to Reopen Hall of Minerals

The Connecticut museum will unveil the newly renovated galleries on July 9.

Neiman Marcus Fort Worth Texas
MajorsJul 05, 2024
Saks Fifth Avenue Owner to Acquire Neiman Marcus

The deal is valued at $2.65 billion.

Cece Jewellery Insignia Medallion
CollectionsJul 05, 2024
Piece of the Week: Cece Jewellery’s ‘Insignia’ Medallion

Spin the medallion’s diamond arrow to find out your fate.

SourcingJul 05, 2024
Lucara Names New VP of Mineral Resources

Lauren Freeman, a Ph.D. with more than 25 years of experience in mining, has joined the company.

2004 case.png
Supplier BulletinJul 03, 2024
CASE Awards: Celebrating Creativity & Craftsmanship for 30 Years

Sponsored by Jewelers of America

Sissy’s Log Cabin William Jones IV
IndependentsJul 03, 2024
William Jones IV Promoted to President of Sissy’s Log Cabin

The third-generation leader succeeds Lamar McCubbin, who resigned last month after 11 years in the role.

John Youkilis and Craig MacBean
MajorsJul 03, 2024
Ostbye & Anderson Acquires Fellow Midwest Manufacturer

The Minneapolis-based company bought Victor Corporation, which has been making jewelry in Cincinnati since 1946.

National Jeweler top 10 stories of 2024 graphic
EditorsJul 03, 2024
The Top 10 Stories of 2024 So Far

Editor-in-Chief Michelle Graff shares a rundown of the National Jeweler website’s most popular articles as we hit the halfway point of the year.

×

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