Home / NEWS / Wealth / ‘Flawless’ white diamond could fetch over $33 million

‘Flawless’ white diamond could fetch over $33 million

A milk-white diamond billed as the largest and purest of its type to come to market is guessed to sell for well over $33 million.

Sotheby’s auction accommodate says the 102.34-carat gem mined from Botswana “is the only grasped round brilliant-cut diamond over 100 carats perfect according to every depreciative criterion” — carats, color, clarity and cut.

Sotheby’s diamond jurisdiction head Patti Wong called it “over 100 carats of irrefutable perfection.”

The diamond went on display Thursday at Sotheby’s London showroom and is being proffered for private sale. It’s expected to fetch a price “considerably higher” than the $33.7 million auction best performance for a white diamond.

The auction record for any diamond is held by the “Pink Act,” which sold for $71 million at Sotheby’s Hong Kong in 2017.

Check Also

LVMH watch and jewelry CEOs see luxury sales picking up in 2025

After a year of settles, sales of watches and jewelry at luxury giant LVMH rebounded …

Leave a Reply

Your email address will not be published. Required fields are marked *