Princess Charlene of Monaco Launches ‘Grace Diamond’ and ‘La Vie En Rose’ Necklace

The annual Princess Grace Foundation Awards Gala in New York not only featured the appearance of Prince Albert II and Princess Charlene of Monaco, but also the unveiling of a uniquely designed jewel created for a pink diamond rare and exceptional fancy color. Princess Charlene proudly wore the Life in pink necklace with the 1.79-carat “Grace Diamond” in the center during the November 3 charity event.

The unique diamond and necklace were presented by Maison Mazerea, which presents itself as the world’s first fine diamond Mark. The necklace was designed by the famous Parisian jeweler Lorenz Bäumer in his Place Vendôme workshop and handcrafted under his supervision in Parisian workshops.

Together, the whimsical vivid purplish-pink diamond and its elaborate setting will serve as a fundraising tool for the Princess Grace Foundation-USA, which supports and uplifts extraordinary early-career artists in theatre, dance and film through grants ; and nurtures and supports Princess Grace Award winners throughout their careers. The foundation is named after Princess Grace of Monaco, who before becoming Princess of Monaco was Oscar-winning actress Grace Kelly.

The Grace Diamond was originally known as Argyle Stella but renamed in conjunction with the Princess Grace Foundation. It was the last pink diamond of its color, quality and size to be mined from the Argyle mine in Western Australia, which was withdrawn in 2020 after it exhausted its supply of gem-quality diamonds. It has accounted for over 90% of the world’s fancy pink diamonds over the past 30 years. This diamond used for the necklace was one of five handpicked “hero gems” for sale in Argyle Pink Diamonds’ final annual tender in 2021.

The diamond with its new name was revealed at Parisian launch of Maison Mazerea in July 2022. This diamond will never be sold. Instead, after the unveiling of Life in pink, the Grace Diamond will appear each year in a new case designed by a select group of fine jewelry artists. The piece from the previous year will be transformed by another Maison Mazerea fancy color diamond and sold at auction. In other words, the Life in pink, will be sold next year with a different fancy color diamond in the center and a new designer will create a new piece with the Grace diamond. Profits will be shared with the Princess Grace Foundation.

The day before, during a private reception associated with the Princess Grace Foundation, Maison Mazerea unveiled a collection of more than 25 individual necklaces, pendants, brooches and rings, adorned with rare fancy colored diamonds. The highlight was the transformation Heart of Mazarin, centered with a 7.45-carat Fancy Vivid yellow heart-shaped diamond crafted in the Maison’s workshop in Perth, Australia. It is also adorned with a 3.40-carat heritage-cut Fancy Vivid yellow Mazarin pear-shaped diamond. The transformative piece can be worn as a necklace with yellow diamonds or can be detached and worn separately as pendants or brooches.

Both diamonds are cut and polished in a unique heritage heart shape in a 17th century style, which is the signature cut of Maison Mazerea.

Life in pink, which features the Grace Diamond, is designed and created by Bäumer in a classic, timeless and contemporary design featuring 56 white diamonds of varying sizes and a pendant with nine Fancy Yellow diamonds from the Ellendale mine in Western Australia that frame The Grace Diamond in a “mystical circle”, says the brand. The setting, created by Lorenz Bäumer, offers the wearer a variety of ways to showcase the beauty of the necklace and its striking color combinations.

Maison Mazerea specializes in fine jewelry creations using handcrafted fancy colored diamonds in heritage-inspired cuts and facets. This style of diamond making dates back to Louis XIV at Versailles and is what sets the fine jewelry brand apart.

The brand was inspired by the legendary 17th century diamond collection of Cardinal Jules Mazarin, a confidant of King Louis XIV of France. He amassed one of the most valuable collections of jewelry and diamonds of his time. Eighteen diamonds, known as “Mazarin diamonds”, became the basis of the French Crown Jewels.

Diamond sourcing, cutting and polishing, and jewelry making are done by the brand, which is a new approach to creating fine jewelry.

The brand is owned by Peter Ravenscroft, who is also CEO of Burgundy Diamond Mines, which has diamond mining projects in Canada, Botswana and Australia. The rough diamonds of Maison Mazerea come largely from these mines. It has its own diamond cutting facilities in Perth, Australia. After the diamonds are cut, the company then works with a few jewelry workshops in different parts of the world to create the jewelry. This means House Mazerea has full control of the process from mine to market, or “mine to masterpiece,” as Ravenscroft puts it. This is why he promotes Maison Mazerea as the first fine diamond Mark.

Learn more about the design of Life in pinkthe Grace Diamond and the Mazerea House to come.

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