He’s a young man, and at 33 years of age, this is the greatest accomplishment of his professional career. I take pride in knowing that he brought something into our family business that will be the keynote of our success. I cannot imagine acquiring anything more rare or important than this stone, which is perhaps the rarest of three red diamonds in existence today between 3 to 5 cts. People tell me it should be worth in excess of $50 million—a 3 ct. red stone sold for $25 million. But, I can’t duplicate it because it’s so rare, so there’s no way to put a value on it. I can put a value on my home because there are plenty of homes to compare it to—I can establish its value within 20 to 30 percent, but with this stone, it’s really whatever someone is willing to pay for it.
- Michael Kazanjian
http://www.kazanjianbros.com
Spot on.
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