Fancy Vivid Green Diamond Debuts At Select "One and Only One™" Locations

NEW YORK, Oct. 1, 2013 /PRNewswire/ -- An extremely rare Natural Fancy Vivid Green Diamond is now available for viewing -- by appointment only -- at select One and Only One™ locations nationwide. The 1.61-carat Cushion Modified Brilliant-cut green diamond is unmounted and accompanied by a certificate from the Gemological Institute of America. The price is available upon request.

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"This combination of large size, VS1 clarity and unusually 'crisp' Grass Green color is unique in the world of investment diamonds," said Joe Padulo, CEO of Padulo Prive, an adviser to elite jewelers and luxury brands. "Not only is this the largest Fancy Vivid Green Diamond to come to market in recent years, it's the most mesmerizing green color we've ever seen," he added.

The unusual color of the green diamond is attributed to its origins in Africa. Unlike the "minty" greens often found in diamonds from Brazil, this stone is deeply saturated "through and through" with a pure Grass Green color. In addition, it has a clarity rating of VS1; there is no fluorescence, nor are there any radiation patches of brown.

"For connoisseurs of rare Fancy Color Diamonds, this Fancy Vivid Green is a unique investment opportunity that will undoubtedly increase over time," added Padulo.

Rahul Kadakia, Head of Jewelry for Christie's Americas, said last year: "Over the past 10 years Fancy Color Diamonds have jumped ten-fold. What was $100,000, $200,000 or $300,000 per carat can now be worth $1.7 to $1.8 to $2 million per carat, and more."

Purchase of the unmounted Fancy Vivid Green Diamond includes naming rights. The GIA will issue a new certificate registering the name the new owner selects for the stone.

To make an appointment to view the 1.61-carat Fancy Vivid Green Diamond please visit: www.TheOneAndOnlyOne.com

SOURCE One and Only One

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