Celebrity jeweller Mouawad announced that it had recently completed crafting of a yellow rough that yielded an extraordinary polished 54.21 carat round brilliant cut, fancy vivid yellow, the largest ever graded to date by the Gemological Institute of America. The jeweller said that the stone had been renamed as the Mouawad Dragon as it is reminiscent of the Dragon's magical powers and fiery eye.

The Mouawad Dragon stone was discovered in the ancient alluvial deposits in South Africa, the jeweller stated, in an area that historically, produced some of the largest yellow diamonds ever discovered. Diamonds with colour intensity such as that of the Mouawad Dragon have long been prized by collectors and gem enthusiasts.

Describing the process, Mouawad said that the planning and cutting of the Mouawad Dragon took over six months and that its unique striking final form of the Mouawad Dragon is a testament to both the confidence of Mouawad's finest cutters and the innate strength of its hue. 

The Fancy Vivid color grading of the Mouawad Dragon makes it the most desirable and rare color on the yellow diamond spectrum. It showcases the power, wisdom, and good fortune of the mystical serpent.

Fred Mouawad, Co-Guardian of the Diamond Division stated, "We're thrilled to have had the opportunity to craft this extraordinary diamond from the rough, and we will soon continue the creative process by designing a Master Piece that befits its dazzling beauty." Pascal Mouawad, Co-Guardian of the Retail Division, added "Being able to tell the story from rough to jewelry is an advantage our discerning customers value."

The Mouawad Dragon joins the impressive 51.12 carat D Flawless Dynasty diamond, a recent acquisition by Mouawad, in the ever-growing Mouawad collection. This collection includes many of the world's most exceptional diamonds, such as the 245.35 carat Jubilee Diamond, the 135.92 carat Queen of Holland diamond, the 69.42 carat Taylor Burton, and the largest cushion shaped D IF weighting 218.08 carat.