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Sotheby’s will auction flawless 102-carat white diamond in Hong Kong on October 5 


Perfect diamond could be your finest pal… for $30million: Sotheby’s will auction flawless 102-carat white diamond in Hong Kong on October 5

  • The 102.39-carat diamond is predicted to fetch $12 million to $30 million
  • It will go underneath the hammer at Sotheby’s in Hong Kong on October 5
  • Only seven such diamonds over 100 carats have beforehand been offered at auction
  • The world document for any diamond offered at auction was set in 2017 for $71.2 million

One of the world’s rarest diamonds, in regards to the measurement of an egg or a big lollipop, goes up for auction subsequent month and is predicted to fetch $12 million to $30 million.

Sotheby’s mentioned on Thursday that the 102.39-carat diamond, a flawless white sparkler, was the second-largest oval diamond of its variety to be provided at auction. 

The largest, a 118.28-carat diamond, set a document $30.eight million worth when it was offered underneath the hammer in 2013.

‘Diamonds of this caliber and measurement have offered anyplace between $11.9 million to $33.7 million,’ mentioned Quig Bruning, head of Sotheby’s New York jewellery division. 

Pictured: An employee of Sotheby's poses with a perfect 100+ carat diamond, the second largest oval diamond of its kind to ever appear at an auction which will be auctioned by Sotheby's in Hong Kong in October

Pictured: An worker of Sotheby’s poses with an ideal 100+ carat diamond, the second largest oval diamond of its variety to ever seem at an auction which will be auctioned by Sotheby’s in Hong Kong in October

About the size of an egg or a large lollipop, the diamond is going up for auction next month and is expected to fetch $12 million to $30 million

About the scale of an egg or a big lollipop, the diamond goes up for auction subsequent month and is predicted to fetch $12 million to $30 million

Only seven such diamonds, recognized in the commerce as D colour flawless or internally flawless white diamonds, with over 100 carats have beforehand been offered at auction.

‘More and extra folks have come to grasp that one thing billions of years previous and of the scale of a lollipop can retailer as a lot worth as a Rembrandt self-portrait or a Basquiat,’ Gary Schuler, worldwide chairman of jewellery at Sotheby’s, mentioned in an announcement.

The diamond will be offered in a single-lot motion and not using a reserve worth at Sotheby’s in Hong Kong on October 5.

Only seven such diamonds - known in the trade as D color flawless or internally flawless white diamonds, over 100 carats - have previously been sold at auction

Only seven such diamonds – recognized in the commerce as D colour flawless or internally flawless white diamonds, over 100 carats – have beforehand been offered at auction

The world record for any diamond or jewel sold at auction was set in 2017 when a 59.60-carat fancy vivid pink diamond was sold for $71.2 million to a Hong Kong jewelry company

The world document for any diamond or jewel offered at auction was set in 2017 when a 59.60-carat fancy vivid pink diamond was offered for $71.2 million to a Hong Kong jewellery firm

The diamond will be sold in a single-lot action without a reserve price at Sotheby's in Hong Kong on October 5

The diamond will be offered in a single-lot motion and not using a reserve worth at Sotheby’s in Hong Kong on October 5

Sotheby’s mentioned the gem was minimize from a 271-carat tough that was found on the Victor Mine in the Canadian province of Ontario in 2018 and minimize and polished for greater than a yr.

Two of essentially the most well-known giant diamonds – the Koh-i-Noor and The Cullinan 1 – belong to the British monarchy and type a part of the British Crown Jewels.

The world document for any diamond or jewel offered at auction was set in 2017 when a 59.60-carat fancy vivid pink diamond was offered for $71.2 million to the Hong Kong jewellery firm Chow Tai Fook, Sotheby’s mentioned.



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