This Massive 127-Carat Diamond Is Expected to Fetch Up to $15 Million at Auction

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This Massive 127-Carat Diamond Is Expected to Fetch Up to $15 Million at Auction
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The Light of Peace Diamond, once owned by the renowned Zale Corporation, now stands as a beacon of hope for refugees. As it sparkles on the auction stage, its sale will contribute to the noble efforts of the UNHCR. 💎

Weighing in at 126.76 carats, the D-color, Type IIa, internally flawless, pear brilliant-cut beauty was previously owned by the Zale Corporation of Dallas and known as the Zale Light of Peace. The American jeweler previously arranged showings of the diamond and used the proceeds of the ticket sales to establish a fund for peace-supporting missions.

The rock will continue to support good causes, too; a portion of the proceeds from the upcoming sale will be donated by the current owners to the United Nations High Commissioner for Refugees. This United Nations agency is mandated to aid and protect refugees. As the rock is expected to fetch between $10 million and $15 million at the New York auction, the donation should be quite a hefty one.

In addition, there will be an array of colored bling on offer, such as a superb fancy vivid blue diamond ring of three carats and a fancy intense pink diamond ring of four carats , and a fancy intense yellow diamond pendant of 50.4 carats .New York as part of Luxury Week from June 2 to 6.

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