The annual Princess Grace Foundation awards dinner in New York saw the entrance of Prince Albert II and Princess Charlene of Monaco, as well as the reveal of a one-of-a-kind jewel crafted for a rare and extraordinary fancy-colored pink diamond. At the November 3 charity event, Princess Charlene proudly wore the La Vie en Rose necklace with the 1.79-carat "Grace Diamond" in the middle. Maison Mazerea, which claims itself as the world's first haute diamanterie company, displayed the one-of-a-kind diamond and necklace. The necklace was created by famous Parisian jeweller Lorenz Bäumer in his Place Vendôme studio and handmade in Parisian workshops under his supervision.
The magnificent deep purplish-pink diamond and its ornate setting will be used to raise funds for the Princess Grace Foundation-USA, which provides scholarships to remarkable early career artists in theatre, dance, and cinema and fosters and supports Princess Grace Award recipients throughout their careers. The charity was named after Princess Grace of Monaco, who was an Oscar-winning actress before becoming Princess of Monaco.
The Grace Diamond was renamed in partnership with the Princess Grace Foundation from the Argyle Stella. It was the last pink diamond of its color, quality, and size mined from Western Australia's Argyle Mine, which closed in 2020 after exhausting its supply of gem-quality diamonds. Over the course of 30 years, it accounted for more than 90% of the world's fancy pink diamonds. This necklace's diamond was one of five hand-picked "Hero gems" to be sold at Argyle Pink Diamonds' final annual tender in 2021.
The newly named diamond was shown during Maison Mazerea's Paris debut in July 2022. This diamond will never be purchased. Instead, after the debut of La Vie en Rose, the Grace Diamond will be shown in a new setting made by a limited group of high jewellery craftsmen each year. The previous year's item will be altered and auctioned off using a different Maison Mazerea fancy-colored diamond. In other words, the La Vie en Rose will be sold with a different fancy-colored diamond in the centre next year, and a new designer will design a new piece with the Grace Diamond. The funds will be donated to the Princess Grace Foundation.
Maison Mazerea had previously exhibited a collection of more than 25 distinct necklaces, pendants, brooches, and rings featuring rare fancy-colored diamonds during a special ceremony linked with the Princess Grace Foundation. The transformational Coeur de Mazarin, centred with a 7.45-carat heart-shaped Fancy Vivid yellow diamond made at the Maison's studio in Perth, Australia, was the star of the show. It also has a 3.40-carat pear-shaped Mazarin Fancy Vivid yellow diamond in a heritage cut. The transformational item may be worn as a necklace with two striking yellow diamonds or as pendants or brooches individually.
Both diamonds are cut and polished in a unique heritage heart shape in a 17th century style, which is Maison Mazerea's signature cut. Bäumer designed and created La Vie en Rose, which features the Grace Diamond, in a classic, timeless, yet contemporary design made of 56 white diamonds of various 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," according to the brand. The mounting, designed by Lorenz Bäumer, allows the wearer to highlight the necklace's beauty and striking colour combinations in a variety of ways.
Maison Mazerea creates high-end jewellery with fancy-colored diamonds created in heritage-inspired cuts and faceting. This diamond-crafting method, which goes back to Louis XIV at Versailles, is what characterises the high jewellery name. The brand was inspired by Cardinal Jules Mazarin's legendary 17th century diamond collection, a confidant of King Louis XIV of France. He amassed one of the most valuable jewel and diamond collections of his time. The French Crown Jewels were built around eighteen diamonds known as the "Mazarin diamonds."
The brand does the diamond sourcing, cutting and polishing, and jewellery design, which is a revolutionary method to fine jewellery creation. Burgundy Diamond Mines owns the brand and has diamond mining projects in Canada, Botswana, and Australia. These mines provide the majority of the raw diamonds for Maison Mazerea. In Perth, Australia, it has its own diamond cutting facility. After the diamonds are cut, the company collaborates with a few jewellery workshops around the world to create the jewels. Burgundy Diamond Mines CEO Peter Ravenscroft says this means Maison Mazerea has complete control of the process from mine to market, or "mine-to-masterpiece." As a result, he positions Maison Mazerea as the first haute diamanterie brand.