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The word Carat is thought to be derived from the Carab Bean - an ancient unit of weight.

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Jul
22

32 carat Annenberg Diamond to be Sold by Christie’s

By Ira Weissman

From Reuters:

The Annenberg diamond is a 32.01 carat D color Flawless emerald shaped boulder mounted in a ring flanked by two 1.5 carat pear shaped diamonds.  The diamond will be auctioned this fall at Christie’s in New York.  It is expected to fetch over $5 million.

Christie’s hopes this diamond is as much of a success as the Wittelsbach diamond, auctioned in December, that fetched $24.3 million.  The Wittelsbach diamond is a 35.60 carat fancy vivid blue diamond.

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