London Jeweler PAYS Record $16.4 MILLION For `Historic Jewel

by **J The Kidd** Thu Dec 11, 2008 3:39 pm

In 1664 it was selected for the wedding dowry of a Spanish princess famously painted by Velazquez.

On Wednesday the Wittelsbach diamond became the most expensive stone or piece of jewelery to be sold at auction.

The sky-blue gem with centuries of royal connections was bought by Bond
Street jeweler Laurence Graff, 69, for $16.4million at Christie's in
Central London.

He said: 'If there had been no credit crunch, this diamond might have
sold for $50million - I think we've got the bargain of the century.'

Mr Graff said he plans to reshape the 35.56 carat gem - one of the
largest cut diamonds in the world - before setting it in a piece of
jewelery and selling it.

London Jeweler PAYS Record $16.4 MILLION For `Historic Jewel FUCKUPAYMEUNDERRATEDOVERWORKEDUNDERPAID

Bought By Lawrence Graff....

London Jeweler PAYS Record $16.4 MILLION For `Historic Jewel FUCKUPAYMEUNDERRATEDOVERWORKEDUNDERPAID