+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

One Of The World's Most Perfect Diamonds Could Sell For $20 Million

Mar 13, 2013, 19:49 IST

Christie'sThis 101.73-carat diamond is expected to sell for $20 million.One of the world's most perfect diamonds is going on sale at Christie's this spring, and could go for around $20 million, according to Bloomberg.

Advertisement

The pear-shaped, colorless gem weighs 101.73 carats, and will be up for auction through Christie's International at the Four Seasons Hotel des Bergues, Geneva on May 15.

It's the first time the "flawless" diamond is being offered for sale, which means whoever buys the gem will also be able to name it.

The stone was cut from a rough diamond found in the Jwaneng mine in Botswana, which is co-owned by De Beers and the government of Botswana. It originally weighed 236 carats, and took 21 months to cut and polish, according to Christie's.

The $20 million price could easily be reached given that the famous Archduke Joseph Dimaond — a similarly colorless 76.02-carat stone — was sold for $21.4 million at Christie's, Geneva back in November 2012.

Advertisement

The most expensive gem ever sold at auction was a 24.78 carat "Fancy Intense Pink" emerald-cut at Sotheby's, Geneva that went for $45.6 million in November 2010.

You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article