Origin of name
The name Star of the Season appears to have been given by
the present owner of the diamond Sheik Ahmed Hassan Fitaihi, the
renowned Saudi jeweler, and collector and connoisseur of diamonds, who
purchased the stone in 1995 for a record sum of $ 16,500,000, the highest
amount paid for a diamond at any auction in the world. The Sheik had named
two other diamonds in his collection as The Star of the Desert, and The Star
of Happiness, and another diamond as The Red Sea Star.
Characteristics of the
stone
The diamond is a D-color, internally flawless, pear
shaped stone, weighing 100.10 carats.
Early history of the
diamond
The early history of the diamond such as the country of
origin, mine of origin, date of discovery, weight of the rough stone,
original owner of the diamond, etc. are not known, but the stone appears to
be of South African origin and was cut by the internationally renowned
diamond cutters The Steinmetz Group, which has its main diamond cutting
facility in South Africa. The stone made its first appearance in May 1995
at a Sotheby's auction in Geneva. The size of the diamond, its color,
exceptional clarity, and the pear-shaped cut , all contributed in making
this diamond a very rare and unusual stone, and the buyers who inspected the
stone before the auctions were convinced of its uniqueness, and predicted a
competitive bidding for its acquisition.
The auction hall was packed to capacity with many
famous international bidders that included the Saudi jeweler, diamond
collector, and connoisseur Sheik Ahmed Hassan Fitaihi. By the time auction
started the atmosphere in the hall was fully charged and tense. The bidding
was intense and competitive and Sheik Fitaihi was determined to acquire the
diamond at any cost. The price of the diamond escalated rapidly, after the
bidders tried to outbid one another, and finally the auctioneer knocked down
the diamond in favor of Sheik Ahmed Hassan Fitaihi for a record sum of US $
16,500,000. This turned out to be the highest amount paid for a diamond at
any auction in the world. The 100.10-carat Star of the Season goes down in
history as the most expensive diamond ever sold at an auction.
Immediately after the acquisition of the diamond by Sheik
Fitaihi, an offer was made for the diamond at a price substantially higher
than the purchase price, but being a collector and connoisseur of diamonds
the Sheik turned down the offer.
Sheik Ahmed Hassan Fitaihi is presently the Chairman and
the C.E.O. of the Fitaihi Company based in Jeddah, Saudi Arabia. The Sheik
has become a force to be reckoned with at international jewelry auctions.
The Sheik, together with Robert Mouawad of Mouawad Jewelers and
Laurence Graff of Graff Diamonds, have been responsible for some of the
astonishing and record diamond prices achieved in recent years.
History of the Fitaihi
Company
Sheik Fitaihi is the heir to a successful business
enterprise dealing in jewelry and established 100 years ago in 1907, in
Mecca, Saudi Arabia. His grandfather opened a jewelry shop in Mecca in 1907.
This was at a time when the Hejaz region of Saudi Arabia along the Red Sea,
which included the Holy City of Mecca, was still under the rule of Sharif
Hussain Ibn Ali, the king of Hejaz, who also declared himself Caliph in
1924. Two of Sharif Hussain's sons also became kings. Abdallah his second
son became King of Transjordan in 1921 and Faisal his eldest son became the
King of Iraq. Sharif Hussain Ibn Ali claims his descent from the Hashemite
clan of the Quraish tribe, the same clan to which the Holy Prophet Muhammad,
the founder of the religion of Islam belonged.
The Sauds ruled much of Arabia in the 18th and 19th
centuries but were later driven out of Arabia by the Rashids in 1880 and
lived in exile in Kuwait. Ibn Saud the founder of the Kingdom of Saudi
Arabia, was then still an infant. In 1901, when Ibn Saud was 21, he led a
small force of 40 camel men, and re-captured their old family capital of
Riyadh, killing the Rashidi Governor of Riyadh in the process. Within 2
years the young Ibn Saud was able to re-conquer half of central Arabia. His
rival Ibn Rashid sought and obtained Turkish help, and initially defeated
the forces of Ibn Saud, in 1904, but was not able to drive him out of
central Arabia. During world war 1, Ibn Saud signed a treaty with the
British , agreeing to continue the fight against Ibn Rashid, who was being
supported by the Turks, and accepting in return protectorate status of
Britain. During the period 1920-22, Ibn Saud's forces moved against that of
Ibn Rashid, and defeated him and annexed his territory. Ibn Saud was now in
control of a greater part of the Arabian Peninsular, except the Hejaz region
along the Red Sea coast. In 1924, Ibn Saud's forces captured Mecca and the
whole of Hejaz was added to his dominions. In 1932 he formally unified his
domains into the Kingdom of Saudi Arabia, and he became the absolute monarch
of the kingdom.
In 1933 he signed an agreement with an American oil
company to prospect for oil in the kingdom, but it was only in March 1938,
the company first struck oil in the kingdom. However with the outbreak of
world war II, work on the oil fields virtually ceased. Exploitation of oil
resumed again after the war. In 1950 Ibn Saud received only about $ 200,000
per annum as oil revenue, but in 3 years his income rose to $ 2,500,000 a
week. The sky rocketing oil revenues set the stage for the economic
and social development of the country and today the Kingdom of Saudi
Arabia , ranks as the world's leading producer of oil.
After the formation of the Kingdom of Saudi Arabia in
1932, Sheik Fitaihi's father moved his family and his business to the
coastal city of Jeddah, the main port city of Saudi Arabia, and a commercial
center over the centuries. Ahmed Hassan Fitaihi received his training
as a businessman in his father's shop in Jeddah, and eventually
succeeded his father in managing the family business. Over the years he has
built up a successful business empire, that is a leader in the jewelry trade
in Saudi Arabia.
Sheik Ahmed Hassan Fitaihi later attended international
jewelry auctions, and had successfully bid and acquired several famous and
notable diamonds. His first acquisition was the 80.02-carat, emerald-cut,
D-color internally flawless diamond of South African origin, which he
purchased in New York in 1991 for $ 7,150,000. The diamond was named the
'Jeddah bride" in honor of his beloved city. Other famous diamonds that
were purchased by him include the following:-
(1) The Ice Queen (1991
Oct) 39.99 carat emerald-cut
a satellite diamond from Niarchos
(2) The Jeddah Bride
(1991 Oct) 80.02-carat
emerald-cut
(3) The Red Star
(1992 Nov) 50.83 carat
emerald-cut
(4) The Star of the Desert (1993 Apr)
66.29-carat pear shape
(5) The larger Arcot Diamond(1993 Nov)
30.99-carat pear shape
(6) The Heart OF the Desert (1994 Nov)
62.42-carat heart shape
(7) The Star of Happiness (1993
Nov) 100.36-carat
radiant-cut
(8) The Star of the Season (1995 May)
100.10-carat pear shape
The Star of happiness is the largest diamond purchased by
Sheik Fitaihi. It is a radiant-cut internally flawless, D-color stone
weighing 100.36 carats, and having dimensions of 28.50 x 25.96 x 16.35 mm.
He purchased this diamond for $11,800,000. at Geneva in November 1993. Most
of the stones in Fitaihi's collection, are colorless diamonds of D-color
grade.
Sheik Ahmed Hassan Fitahi has also contributed generously
towards projects that would benefit his community. He opened the Fitaihi
centre in Jeddah in April 1984, and another center in Riyadh in 1993.
He also initiated and supported a project ,which set up the International
Medical Center (IMC) in Jeddah in the early 1990s, to fulfill his vision of
setting up a state-of-the-art hospital to serve the community, in
collaboration with the Cleveland Clinic Foundation.
Last transaction and
present owner of the diamond
Since he purchased the diamond in May 1995 for $ 16.5
million, the Star of the Season remains the most prominent item in the
magnificent collection of diamonds belonging to Sheik Ahmed Hassan Fitaihi,
and being a keen collector and connoisseur of diamonds may remain so
for the foreseeable future.
More about colorless
diamond
Diamonds are crystalline forms of carbon, produced about
200 Km below the surface of the earth in the earth's mantle about 3 billion
years ago. Subsequently the diamonds were brought up to the surface of
the earth during volcanic eruptions forming kimberlite and lamproite pipes.
If the diamond crystals are absolutely pure containing
Carbon atoms only, and the crystals are perfectly formed without any
distortions, the diamonds are absolutely colorless. Such diamonds are
extremely rare and are known as D-color diamonds. The Star of the Season is
an example of a D-color diamond. Other notable examples of D-color diamonds
are Cullinan 1 & 11, Millennium Star and the Centenary diamond. In the G.I.A.
color grading scale, D, E, and F grades are all colorless diamonds, and G,
H, I, J are near colorless diamonds, with a slight yellowish tint. Colorless
diamonds are only about 1-2 % of all natural diamonds. Majority of the
diamonds mined are pale yellow to brown which is known as the normal color
range. The main impurity in the diamond that causes the yellow to brown
color is Nitrogen.
Diamonds are divided into two types depending on whether
Nitrogen is present or absent in the crystal structure.
Type1 :-contain detectable quantities of
Nitrogen
Type 11 :-Do not contain detectable quantities of
Nitrogen.
Type 1 diamonds are again sub-divided into two :-
Type 1a :- Nitrogen atoms occur as groups or aggregates.
98% of all natural diamonds are type 1a.
Type 1b :- nitrogen atoms are scattered as single atoms.
Less than 0.1 % of natural diamonds are type 1b.
Type 1a diamonds are further sub-divided into three.
Type 1aA- Nitrogen atoms occur as groups of 2-atoms (A-
aggregates), which do not absorb visible light and do not affect the color
of the diamonds. A-aggregates can quench fluorescence and therefore these
diamonds are colorless and non- fluorescent.
Type 1aB- Nitrogen atoms occur as groups of 4-atoms
(B-aggregates), which do not absorb visible light and do not affect the
color of diamonds. However B-aggregates do not quench fluorescence and
therefore these diamonds are colorless and strongly fluorescent.
Type 1aAB- Nitrogen atoms occur as A-aggregates,
B-aggregates, and also N3 centers (groups of 3-atoms). N3 centers absorb
visible light in the blue end of the spectrum giving rise to a pale yellow
to brown color. The diamonds also show faint to medium fluorescence.
Type 1b:- Nitrogen atoms scattered as single atoms which
can absorb visible light in the blue end of the spectrum giving rise to
intense yellow colors such as fancy intense yellow and fancy vivid yellow
colors. The rare canary yellow diamonds also belong to this group. egs. of canary yellow diamonds are Tiffany yellow, and Red Cross
diamonds. These diamonds are less than 0.1 % of all natural diamonds and are
extremely rare.
Type 11 diamonds that are Nitrogen-free are divided into
two,
Type 11a:- These diamonds are absolutely pure consisting
of Carbon atoms only and are absolutely colorless. They are known as D-color
or top color diamonds. However E & F grades may also be included in this
category. They are about 1-2 % of of all natural diamonds. However, a
small percentage of colorless diamonds might be plastically deformed
producing a variety of rare fancy colors such as red, pink, purple, orange,
and brown.
Type 11b:- These diamonds are Nitrogen-free, but instead
contain trace amounts of Boron, whose atoms are comparable in size to Carbon
atoms, like Nitrogen atoms, and therefore can be easily accommodated in the
diamond crystal. Boron atoms absorb visible light in the red, orange and
yellow regions and therefore the diamonds appear to be blue. All naturally
occurring blue diamonds are type 11b. However their occurrence is only 0.1 %
of all natural diamonds and therefore extremely rare.
Thus colorless diamonds can be of three types :- type
1aA, type 1aB, and type 11a. Colorless diamonds may sometimes show a bluish
tint caused by fluorescence.
List of D-color diamonds
greater than 100 carats in descending order of weights
|
S/N |
Name |
Carat Weight |
Shape/Cut |
|
1 |
Cullinan I |
530.20 |
pear |
|
2 |
CullinanII |
317.40 |
cushion |
|
3 |
Centenary |
273.85 |
modified heart |
|
4 |
Jubilee |
245.35 |
cushion |
|
5 |
Millennium Star |
203.04 |
pear |
|
6 |
La Luna |
200.07 |
heart |
|
7 |
Orlov |
189.62 |
rose |
|
8 |
Jacob-Victoria |
184.50 |
oval |
|
9 |
Regent |
140.64 |
cushion |
|
10 |
Paragon |
137.82 |
7-sided |
|
11 |
Premier Rose |
137.02 |
pear |
|
12 |
Queen of Holland |
135.92 |
cushion |
|
13 |
Zale Light of Peace |
130.27 |
Pear |
|
14 |
Niarchos |
128.25 |
Pear |
|
15 |
Portuguese |
127.02 |
asscher |
|
16 |
Jonker |
125.35 |
emerald |
|
17 |
Al-Nader |
115.83 |
pear |
|
18 |
Taj-i-Mah |
115.06 |
moghul |
|
19 |
Edna Star |
115.00 |
emerald |
|
20 |
Koh-i-Nur |
108.93 |
oval |
|
21 |
Mouawad Magic |
108.81 |
emerald |
|
22 |
Louis Cartier |
107.07 |
pear |
|
23 |
Star of Egypt |
105.51 |
emerald |
|
24 |
Mouawad Splendor |
101.84 |
pear |
|
25 |
Star of America |
100.57 |
asscher |
|
26 |
Star of Happiness |
100.36 |
radiant |
|
27 |
Star of the Season |
100.10 |
pear |
