ALROSA Sells Large Rough Diamonds at New York Auction For $7.9M
October 14, 18
(IDEX Online) – ALROSA has sold special size rough diamonds (over 10.8 carats) at an auction in New York, raising $7.9 million. The auction was held from September 17 to October 5.
The company sold more than 90% of the lots, with a total weight of over 1,300 carats.
The auction was attended by clients from the US, India, Israel, Belgium, the United Arab Emirates and others, ALROSA commented.
The key stones of the action were - a white diamond with yellow shade weighing almost 98 carats and a white diamond weighing 108 carats. Both stones were mined at the Yubileinaya pipe in Yakutiya.
"The auction was held during some major holidays, therefore some of our customers couldn't attend it," said Eugene Agureev, a Member of the Executive committee, and Director of USO ALROSA. "So it had an effect on the overall result. Meanwhile the sale of colored stones was extremely successful - we sold all but one lot."