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Jewelry News

Diamond Sold For Over $6.1 Million

June 12, 2008


101.27 Carat Diamond Tiara

If you need something special to jazz up a hair-do and Clare's Accessories hasn't quite the piece you're looking for, then a recent auction in Hong Kong may have had just the head ornament to suit you. The Hong Kong branch of Christie's Auction House recently said 'sold' to a diamond that's described as 'the size of a ping-pong ball'.

Christies Diamond Tiara AuctionSet in a tiara was a 101.27 carat shield-shape diamond that had been cut from a 460-carat rough. According to the auctioneers, the mega-rock, while internally flawless, has a slight imperfection on the surface that is imperceptible to the human eye,. Imperfect or not, a private buyer was ready to shell out over $6.1 million for the sparkling headset.

It is the largest colorless diamond to appear on the auction market in the last 18 years, Christie's said. Only three colorless diamonds of more than 100 carats have appeared at auction. All were sold in Geneva. Naming rights were granted to the new owner - suggestions welcome...

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