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Tuesday, June 18, 2013

Owner of 75-Carat Briolette Diamond Names it 'Star of China'

Tiffany Chen poses by a picture of the 75-carat Star of China diamond while wearing the gem after purchasing it for $11.15 million.

The new owner of what Christie’s auction house has called the largest and most perfect briolette diamond ever sold at auction has identified herself and picked a name for the 75.36-carat gem.

Tiffany Chen, vice chairman of China Star Entertainment Ltd., has revealed herself to be the owner of the briolette diamond. She named the diamond after her company, “The Star of China.”

Chen purchased the diamond May 28 at Christie’s Hong Kong Magnificent Jewels sale for $11.15 million, $148,000 per carat, a world record for a briolette diamond sold at auction.

The briolette has been graded by the Gemological Institute of America to be of D color and type IIa, indicating its internally flawless clarity, excellent polish, highest level of chemical purity and exceptional optical transparency. Less than one carat in every 100,000 carats of diamonds is found to be found in this perfect condition.

The diamond is part of a pendant necklace that includes a marquise-cut purplish pink diamond suspended above the briolette.

Tiffany Chen poses by a picture of the 75-carat Star of China diamond while wearing the gem after purchasing it for $11.15 million at Christie’s Hong Kong Magnificent Jewels sale.

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