ColumnistsMay 16, 2024
The PR Adviser: What the Designer Should’ve DoneLilian Raji gives advice to designers on how to make the most of great publicity opportunities.
AuctionsApr 24, 2019
Document Outlining Cutting of Cullinan Headed to Auction
Estimated to sell for between $2,600 and $3,900, the lot also includes a paste replica of the rough diamond and its resulting cut stones.
At Bonhams’ London Jewels sale at the end of the month, the auction house will sell the original document outlining the agreement between the secretaries of King Edward VII and London diamond brokers M.J Levy & Nephews on the cutting and handling of the Cullinan diamond.
London—A history buff could soon be the owner of the original document outlining the cutting and cleaving of the historic Cullinan diamond.
At Bonhams’ London Jewels sale scheduled for April 30, the auction house will put on the block the historic document that facilitated the cutting of the world’s largest rough diamond.
Dated Jan. 29, 1908, the original manuscript is for the ‘Agreement for the Inspection of the Cullinan Diamond’ between the representatives of King Edward VII and London diamond brokers M.J Levy & Nephews.
This document brokered the handling and cutting of the 3,106-carat Cullinan diamond—which remains the largest gem-quality rough diamond ever discovered—by the renowned Asscher Company to create the nine principal Cullinan Diamonds, Bonhams said.
It appointed M.J Levy and Nephews as “inspectors” of the Cullinan and outlines the parameters and guidelines of how it had to be handled, as well as the duties of each party.
The auction lot includes the original documents as well as a paste replica of the Cullinan as it appeared in its rough form and two replica sets of the nine principal diamonds cut from the stone.
The lot is estimated to sell for between $2,600 and $3,900.
The Cullinan rough diamond was discovered near Pretoria, South Africa, in 1905. So large it was believed to be a piece of rock crystal instead of a diamond, the rough was named after Thomas Cullinan, chairman of the mine where it was found.
The stone initially failed to find a buyer and was eventually sold for £150,000 to the South African Transvaal Colony government in 1907, which then presented it to King Edward VII on his 66th birthday in November of that year as a symbol of South Africa’s loyalty to the Crown, Bonhams said.
After the king received the stone, he was advised by his private secretaries to consult London diamond brokers Messrs M.J. Levy & Nephews about the cutting of the rough given the complexity and risk of the task.
Arthur and Alexander Levy then brokered it to be cut and polished with Asscher in Amsterdam, which had just cut the 995.2-carat Excelsior Diamond in 1903.
Since it wasn’t possible to shape and polish the stone without splitting it, the responsibility fell to Joseph Asscher, the house’s most skilled cleaver, to do the task.
Editors' Picks
Sponsored by
After studying it at length, Asscher created a 6.5-mm deep incision in the diamond over several days. Then, in February 1908, his first attempt to cleave it ended when the blade on his tool broke as soon as he struck the stone.
After making stronger tools, he tried again the following week, successfully cleaving the Cullinan rough into two parts—one weighing 1,977 carats and the other 1,040 carats.
These stones were further polished and cut in the months following to create nine main stones, 96 smaller diamonds, and several polished “ends.”
Those nine principal diamonds, named Cullinan I through Cullinan IX, now form part of the collection of the Crown Jewels and the collection of Her Majesty The Queen.
Cullinan I remains the largest polished white diamond in the world, weighing 530.20 carats. It sits on top of the Sovereign’s Sceptre.
The Cullinan II, weighing 317.40 carats, is set at the front of the Imperial State Crown, currently located in the Tower of London.
Bonhams said the agreement documents and paste replicas of the stones were handed down through the business and subsequent owners of M.J. Levy & Nephews.
The auction house said this is the first time they are being offered for sale on the open market.
Details and information on the lot can be found at Bonhams.com.
More on Auctions
The Latest
SourcingMay 16, 2024
Lucapa to Shed Stake in Lesotho Diamond Mine The mining company wants to divest its 70 percent holding in the Mothae Diamond Mine in an effort to streamline its portfolio.
ColumnistsMay 15, 2024
Squirrel Spotting: Why Retailers Struggle to Fire BrandsWhy do so many jewelers keep lines that are not selling? Peter Smith thinks the answer lies in these two behavioral principles.
Brought to you by
Record Gold Prices Have Consumers Undeterred. Here’s Why.Despite the rising prices, consumers continue to seek out the precious metal.
AuctionsMay 15, 2024
Red Diamond Breaks Records at Phillips GenevaThe “Argyle Phoenix” sold for more than $4 million at the auction house’s second jewels sale.
Weekly QuizMay 16, 2024
This Week’s QuizTest your jewelry news knowledge by answering these seven questions.
Events & AwardsMay 15, 2024
See Who’s in JA’s 2024 ‘20 Under 40’ ClassThe annual list recognizes young professionals making an impact in jewelry retail.
IndependentsMay 15, 2024
David Mann Jewelers in Upstate NY to Close After 35 YearsOwner David Mann is heading into retirement.
Brought to you by
From Registration to Return: 10 Tips to Protect You Before, During and After a TradeshowTradeshow risks are real. Get tips to protect yourself before, during and after and gain safety and security awareness for your business.
FinancialsMay 15, 2024
Brilliant Earth’s Sales Fall Flat in Q1 While overall sales were sluggish, the retailer said its non-bridal fine jewelry was a popular choice for Valentine’s Day.
SourcingMay 14, 2024
Anglo American Confirms It Is Looking to Sell De Beers The mining giant also wants to offload its platinum business as part of an overhaul designed to “unlock significant value.”
AuctionsMay 14, 2024
2 Huge Yellow Diamonds Are Heading to AuctionChristie's is selling one of the diamonds, moving forward with its Geneva jewelry auction despite the cyberattack that took down its website.
MajorsMay 14, 2024
Platinum Born Taps ‘Born Leaders’ for New CampaignThe ad aims to position platinum jewelry as ideal for everyday wear.
GradingMay 14, 2024
Instappraise Adds Trifold Brochure to Appraisal OfferingsRetailers can customize and print the appraisal brochures from their store.
Lab-GrownMay 13, 2024
Lab-Grown Diamond Brand Lightbox Cuts Prices by 25 to 40%The move follows a price-drop test run in Q4 and comes with the addition of a “quality assurance card” from GIA for some loose diamonds.
TechnologyMay 13, 2024
Christie’s Website Brought Down by Hackers, Watch Auction Postponed The site has been down since Thursday evening, just ahead of its spring auctions.
AuctionsMay 13, 2024
Madeleine Albright’s Jewelry, Pins a White-Glove Sale at Freeman’s | HindmanThe late former U.S. Secretary’s collection went for quadruple the sale’s pre-sale estimate.
IndependentsMay 13, 2024
Zachary’s Jewelers Names Mother’s Day Jewelry Contest WinnersThree fifth graders’ winning designs were turned into custom jewelry pieces in time for Mother’s Day.
IndependentsMay 10, 2024
Frank Adams Jewelers Names New CEOKimberly Adams Russell is taking over the role from her father, David Adams, marking the third generation to hold the title.
CollectionsMay 10, 2024
Piece of the Week: Carina Hardy’s ‘Birth of Venus’ NecklaceAs a token of womanhood, this necklace depicts when Venus was born from the sea.
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.
TrendsMay 09, 2024
Amanda’s Style File: Shine Bright, Moms Show your mother some love with a piece of fine jewelry.
IndependentsMay 09, 2024
Kyle Edward Fine Jewelry to Close Salisbury StoreThe company’s Easton location will remain open.
MajorsMay 09, 2024
JBT Elects New ChairmanBrian D. Fleming of Carla Corporation was elected to serve a one-year term in the role.
Supplier BulletinMay 08, 2024
Fusing Past and Present at the Las Vegas Antique Jewelry & Watch ShowSponsored by the Las Vegas Antique Jewelry and Watch Show
EditorsMay 07, 2024
Q&A: Author Vikki Tobak on the ‘Ice-Cold’ ExhibitionTobak, 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.
EditorsMay 07, 2024
10 On-Theme Looks from the 2024 Met GalaStars adorned themselves in emeralds, platinum, and myriad bird motifs, writes Associate Editor Natalie Francisco.
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.
