Mouawad buys 51.38 carat ‘Dynasty’ Diamond

Mouawad Group has acquired the 51.38-carat “Dynasty” diamond, the largest of the five stones Alrosa cut from a 179-carat rough diamond. The price paid for the diamond, a round brilliant the GIA graded as D color and VVS1 clarity with a triple excellent cut, was not disclosed, though Alrosa did say that the sale of all five diamonds totaled $10 million. It is the highest quality diamond of its size ever cut and polished by Alrosa and is also now the most expensive stone ever sold by the diamond mining company.