Nir Livnat - Diacore

Nir Livnat – The Magnificent 88.22 Carat Oval Diamond | Diacore

Diacore, led by its executive chairman Nir Livnat, is excited to have undertaken a once in a lifetime auction of flawless 88.22-carat oval diamond. The flawless diamond, which was sold for US $13.8 million, is one of only three such diamonds that have more than 50 carats and which have ever appeared in an auction. It is also the largest diamond to have been auctioned in the past five years.

During the auction, the diamond attracted three bidders and outdid its estimated price of between US $11.2 – 12.7 million. In accordance with the wining bid, each carat has cost up to US $156,150.

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The oval diamond has been ranked as having the D color, which is the highest-ranking for white diamonds. It comes with exceptional clarity, as well as flawless polishing. What makes this diamond extremely spectacular is the fact that it was cut from a 242 carat rough stone, which is a rare occurrence. The oval shape was the most ideal for preserving most of the weight.

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