The Dresden Green Diamond is perhaps the best known natural green diamond in the world. The diamond was examined by the Gemological Institute of America (GIA) in 1988. This was the rarest of the Type IIa diamond, with color of natural green, its weight is 41.0 carat and a clarity grade of VS1. The stone has the potential of a clarity grade of Internally Flawless (IF), if a slight recut is done.
This stone probably originated from the Kollur mines in the state of Andhra Pradesh in India.
The Dresden Green Diamond has a long historical record dating back to 1722, when a London newssheet carried an article it its 25 October, 27th edition. The stone was subsequently acquired by Augustus III of Poland from a Dutch merchant in 1742 at the Leipzig Fair. In 1768 the diamond was set into an extremely valuable hat ornament with 411 ascending smaller diamonds. This is the setting that it still appears today.
The stone was named after Dresden, the capital of the German state of Saxony. It has been on display for the last 200 years at the New Green Vault at Dresden Castle.
In early November 2019, Harry Winston, the renowned diamond and Jewelry store at Fifth Avenue, New York City arranged for it to be displayed at the Metropolitan Museum of Art in New York City.
It was the luckiest break. On November 25, 2019 a daring diamond heist occurred at the Green Vault at Dresden, where more than a 100 pieces of the priceless treasure of Jewelry and other historical ornaments worth an estimated value of €1 billion were stolen. Had this stone not being on loan to the United States, this priceless green diamond would have disappeared too. (Read here for the Dresden Diamond Heist)
The Dresden Green Diamond was subsequently displayed at the Harry Winston pavilion at the Smithsonian Institute in Washington DC, alongside the famous blue diamond in the world, the Hope Diamond.