The Chloe diamond finds its name from the 12-year old daughter of Georges Marciano, the initiator of the garments company Guess Inc. producers of the internationally famous Guess Jeans. Georges Marciano obtained the diamond at a Sotheby's wonderful jewels auction held in Geneva, Switzerland, on November 14, 2007, and determined to name the previously unspecified diamond subsequent to his 12-year old daughter.
Characteristics of the stone
The Chloe diamond is a D-color, rare, brilliant-cut diamond with a weight of 84.37 carats and an internally perfect clarity grade. D-color is the maximum color grade for a white diamond which is equal to completely colorless. In addition the premier color and clarity ratings given to the diamond by the Gemological Institute of America, it has also been allocated to the "Triple X" description, for the superiority of its cut, polish and regularity.
Being a D-color diamond the Chloe diamond is a Type IIa diamond, which are supposed to be the "purest of the pure" of all diamonds. The diamond is Type II since of the deficiency of nitrogen contaminations or presence of untraceable measures of nitrogen impurities, in the crystal structure of the diamond. Type II diamonds comprises only about 1-2 % of all naturally occurring diamonds. Therefore more than 98 % of diamonds are nitrogen-containing Type I diamonds.
The diamond is Type IIa, since it is not just free of nitrogen impurities but also free of other pollutions such as boron and hydrogen. Hence these diamonds are chemically pure diamonds. The Chloe diamond is not only chemically pure but also structurally ideal. In the lack of things that source color in diamonds such as impurities and structural defects in the crystal, the diamond is completely colorless. These diamonds represent only about 1-2 % of all naturally occurring diamonds.
History of the diamond
Early History
The diamond is of Angolan basis, most likely exposed in the year 2005, from the alluvial diamond deposits of the northeastern division of the country. Diamonds initiating in Angola had formerly received dishonor as "blood diamonds" as they were liable for oil the long strained out civil war among the Government of Angola forces and the UNITA rebels. Though with the conclusion of the civil war and re-establishment of peace in 2002, and the Government of Angola joining the Kimberley process, diamonds initiating from Angola and switched by the state-owned diamond company, are measured to be "clean diamonds."
The Chloe diamond was purchased in the year 2005, by Ron Cohen - a Jewish diamond trader who is the chief executive officer of the Los Angles supported company Clean Diamonds Inc. - from the state-run diamond company of Angola, Endiama, the only authorized wholesaler of diamonds in Angola. The diamond had left through the Kimberley process and had been specialized as a fresh diamond. Ron Cohen says that the name of his company "Clean Diamonds" indicates two main information, viz. that his corporation bond only with Kimberley certified "clean diamonds" and that they only work with maximum quality diamonds known in the industry as "clean" for their clearness and purity.
Cutting of the diamond
The rough diamond weighed up 365 carats and according to Cohen the diamond was huge adequate to cover up his complete palm. He inspects the rough diamond and was persuaded that it was a gem-quality famous diamond. Having obtained the diamond, Cohen made a thorough study of the sandstone that receives him more than a year, to settle on the greatest method to cut it. At last he determined that the round radiant was the perfect means to cut the stone and ultimately got the job performed in Antwerp, Belgium. When the processing of the diamond was inclusive it weighed only 84.37 carats, ensuing in a massive loss of 280.63 carats, equal to 77 %. Such huge losses are regularly bumped into the formation of round brilliant diamonds and the Chloe was no exemption. In any case Cohen's choice to go in for a brilliant-cut surrender quantity for the sake of quality was justified, when the GIA rewarded a "Triple X" description for the diamond, in observation of the superiority of its cut, polish and regularity.
"It's an extremely rare diamond," said Ziad Al-Ahmadi, a rough diamond trader and co-founder of Matrix Diamond Technology, in Antwerp, Belgium. "The only other stone of around that size and quality I know of was a 90.97-carat stone cut a few years ago, and it could well be that there are only two or three round-shaped polished diamonds of this size and quality in existence."
Most expensive diamond ever sold at auction
The acquired price of the diamond was $ 16,189,769 million ( 18.2 million Swiss francs), and the 84.37-carat, white brilliant-cut diamond, developed into the second most exclusive jewel ever auctioned, the first being the D-color,100.1-carat, pear-shaped, internally flawless, "Star of the Season" diamond which was advertised in 1995, and by Sotheby's for $ 16.5 million, to the Saudi-based well-known jeweler and diamond collector, Sheik Ahmed Hassan Fitaihi. A fast calculation demonstrates that the price per carat rewarded for the Chloe diamond is $ 191,890. The price per carat for the "Star of the Season" diamond was $ 164,835. Therefore the price per carat paid for the Chloe diamond, is the maximum price per carat yet paid for a white diamond at an auction. The Chloe diamond was also the purest white, biggest, flawless, round brilliant-cut diamond forever to be sold at an auction.
The entire sales attained at the wonderful jewels sales of Sotheby's at Geneva, Switzerland, on November 14, 2007, which integrated the Chloe diamond, was just about $ 57 million, carrying the total for the year 2007 for glorious jewels sold at Sotheby's, Switzerland, to $ 106,019,622, the uppermost total for yearly sales of jewelry in Switzerland since 1995.