Tag Archives: auction

Graff Diamond – Pretty Penny in Pink

Today marks a crazy day in the history of gemstones. At Sotheby’s Geneva a world auction record was set for any jewel when it sold an exceptionally rare Fancy Intense Pink diamond of the purest, vibrant hue, weighing 24.78 carats for $46,158,674.

That, my friends is one pretty penny in pink. The diamond was purchased by Laurence Graff. Shortly after the sale, he named the diamond “The Graff Pink” and made the following statement: “It is the most fabulous diamond I’ve seen in the history of my career and I’m delighted to have bought it.”

Delighted? C’mon Larry, could you not find a stronger word than delighted?

Being a woman who appreciates fine things and all, I can not help but think what the 46 mil could by in times like these. Please don’t get me wrong, if Mr. Graff wants to buy this diamond and it tickles him pink to do so, I say go for it. As a self made billionaire (yes, with a B – he is worth 2.5 billion) he surely has the gelt to make this purchase. And for those who will judge him, he seems to have the give back thing tied up pretty well.

A lover of diamonds he is equally in love with philanthropic and humanitarian causes. He supports Nelson Mandela’s Children’s Fund, ARK, Elton John’s AIDS Foundation, to name a few. He established FACET (For Africa’s Children Every Time), devoted to distributing funds for the education, health and welfare of children in Africa. The Graff Leadership Center directly benefits from these funds and is a training center, hostel and home to 50 orphan girls, victims of the AID and HIV epidemic.

Still, I can’t help but think that 46 mil could buy a hell of a lot for so many in need. Funny the way it is… one man buys a diamond for 46 mil while the same amount could buy 13 million gallons of milk for starving kids. Seems sort of crazy, no?

Just saying.




Filed under charity, current events, fortunes

Gandhi for Sale?!

gandhi_auction_itemsAs I sat down to read the NYT with my breakfast this morning I was struck by the absurdity of a headline just below the fold on the front page:

Despite Outcry, Gandhi’s Meager Belongings Sell for $1.8 Million

I found myself reading that headline three times before it registered and sunk into my rather frazzled brain. In short, his modest possessions were put up for auction at Antiquorum Auctioneers in Manhattan today.

These simple items made up his daily life; wire-rimmed spectacles (not glasses, mind you, these are truly spectacles), a pair of sandals (these look mysteriously like the water buffalos I wore in the 70s), a bowl, a plate and a pocket watch. These five items were viewed with a yellowed copy of the January 30, 1948 issue of The Piqua Daily Call, an Ohio newspaper. The headline read, “Gandhi Shot and Killed Today”. 

There was all sorts of controversy surrounding the auction which you can read about in the link above if you want the details.

For me, the irony is so overwhelming. Here is a man who, quite frankly, loathed the material world. Hey, if asked whether he would rather be thin or rich, this guy would have no choice but vote thin by default (that was for my First Thursdays).

Seriously, could there be anything more ridiculous than this? Well maybe perhaps something I read on twitter today from @BirdOnAWire55, “all hell breaks loose when Catholic student hands out condoms at a Catholic College…the whole world has gone crazy!”

The world is a strange place today, my friends. I will leave you with this thought as I enter into a much needed weekend:

Gandhi was once asked what he thought about western civilization. His response was:

“I think it would be a good idea.

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Filed under current events