Lady Luck

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lady luckA fancy vivid yellow diamond weighing a whopping 77.77 carats is expected to be the top lot at Sotheby’s Hong Kong, with a pre-sale estimate up to $7.7 million.

Clearly the top lot has auspicious ties to the number seven. In the Western world, seven is considered the luckiest of all numbers; many a gambler has dreamed of hitting the 7-7-7 slot machine jackpot. For potential Asian buyers, seven is a lucky number that signifies togetherness, and the yellow hue is also symbolic of royalty and power.

The “Lady Luck Diamond” boasts a VS2 clarity and a pure fancy vivid yellow, the most desirable saturation for colored diamonds. Pure yellow diamonds owe their coloration to nitrogen atoms dispersed throughout the crystal matrix, which is extremely hard to penetrate. The amount of nitrogen present determines a yellow diamond’s saturation level, which is why the more intensely saturated gems are extremely rare and valuable.

Flanked by five-carat heart-shaped diamonds on either side, the “Lady Luck” is presented as the lady luck 2centerpiece of a three-stone ring in rich 18 karat yellow gold. It can also be detached and worn as a pendant on its own.

The “Lady Luck” is sure to appeal to a wide audience of bidders later this month at Sotheby’s “Magnificent Jewels and Jadeite Sale” at the Hong Kong Convention and Exhibition Center. The auction comprises 320 lots in total, including rare colorless and colored diamonds, gemstones, and signed pieces from the Art Deco period. Total sales expected to be generated are over $100 million.

 

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