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Reading: Rare 37-Carat Emerald Sets New Record, Sells for $9 Million at Geneva Auction
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37-carat emerald
PhotoNews Pakistan > Offbeat > Rare 37-Carat Emerald Sets New Record, Sells for $9 Million at Geneva Auction
Offbeat

Rare 37-Carat Emerald Sets New Record, Sells for $9 Million at Geneva Auction

Web Desk
By Web Desk Published November 13, 2024 2 Min Read
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A staff member holds the Aga Khan emerald and diamond brooch made by Cartier in 1960, during an auction preview at Christie's in Geneva, Switzerland, November 7, 2024. Photo Credits: Reuters
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A rare 37-carat square emerald, once owned by the Aga Khan, sold for nearly $9 million at an auction in Geneva, making it the world’s most expensive green gemstone.

A rare square 37-carat emerald owned by the Aga Khan fetched nearly nine million dollars at auction in Geneva on Tuesday, making it the world's most expensive green stone 💎https://t.co/yx2rRnkCj1

— AFP News Agency (@AFP) November 12, 2024

The emerald was part of a Cartier brooch, which can also be worn as a pendant. Sold by Christie’s, the piece surpassed a Bulgari emerald that Richard Burton gave Elizabeth Taylor as a wedding gift, claiming the title of the most valuable emerald in history.

In 1960, Prince Sadruddin Aga Khan commissioned Cartier to set the emerald in a brooch adorned with 20 marquise-shaped diamonds, platinum, and 18k yellow gold. The brooch was made for British socialite Nina Dyer, whom he briefly married. Dyer later auctioned the emerald in 1969 to raise funds for animal welfare.

The Aga Khan Emerald, an extremely rare 37-carat emerald and diamond brooch, could fetch up to $8 million at a Christie's auction next week in Geneva pic.twitter.com/mJUoeE2WRw

— Reuters (@Reuters) November 8, 2024

That auction occurred at Christie’s first sale in Switzerland, near Lake Geneva. The emerald returned to the same auction house for its 110th edition this year.

Jeweller Van Cleef and Arpels purchased the piece, then sold it to Harry Winston, the renowned “King of Diamonds.”

“Emeralds are in high demand right now, and this one ticks all the boxes,” said Max Fawcett, Head of Jewellery at Christie’s EMEA. “An emerald of this quality comes to market only once every five or six years.”

One of the rarest treasures on earth (The Aga Khan Emerald )
The Aga Khan Emerald, an extremely rare 37 carats emerald and diamonds brooch could fetch up to $8 mln at Christie's auction next week in Geneva..@followers@TheIsmaili @TheIsmailiUSA pic.twitter.com/GFg8R2VLdk

— fouzia murad (@FouziaMurad) November 8, 2024
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