Rare 102 Carat Diamond
Sold in Hong Kong
This rare diamond was sold for $16
million at online auction by Sotheby's
HONG KONG - 7. October 2020 - A rare
102-carat diamond was sold to an unknown buyer for $15.7 million at an online auction organized by Sotheby's. The
buyer made the offer over the phone, which according to experts is a bargain price for such a valuable
The auction house stated that this is the
first time they sold such a valuable stone online. The auction was done online because of the COVID-19
This rare diamond was cut from a raw
271-carat diamond found in 2018 in a Canadian mine. The cut diamond was classed flawless and it would be difficult
to determine its purity and true value, according to Sotheby's.
|Owign to the COVID-19 pandemic, many have switched to
business online. So, this Sotheby's auction was also held online,
resulting in this rare diamond sale.
diamonds left over 100 carats
There are only 7 other diamonds in the world
that are larger than 100 carats, of equal quality.
In 2017 the other auction house, Christie's,
sold a necklace with 163-carat diamond for $33.7 million at an auction in Geneva. This particular diamond was cut
from a raw 404-carat diamond found in Angola.
In the same year, a rare pink diamond of 19
carats was sold at an auction for $45.95 million.