A replica of Russian Queen Catherine the Great’s imperial crown steals the show at this week’s Israeli diamond market in Ramat Gan, as the industry eyes a recovery.
A recreation of the Great Imperial Crown worn by Catherine II, which was on display in Ramat Gan in February 2017 (Wikimedia Commons, Shakko, CC BY-SA 3.0)
Set with 11,352 diamonds, Catherine II’s crown takes pride of place at the entrance to an enormous hall on the outskirts of Tel Aviv, as hundreds of dealers from 30 countries strike deals at Israel’s sixth International Diamond Week.
Israel is one of the world’s largest trading centers for rough and cut diamonds, rivaling Antwerp in Belgium and Mumbai in India.
The sparkling crown made of pearls and diamonds of more than 1,900 carats is on sale for the “modest sum” of $20 million, says Dmitry Moiseev of the Russian diamond group Kristall Smolensk that owns it.
“Contacts with buyers have been established and we are hopeful,” he says.
— AFP
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