'Rarest white diamond ever' to be sold in London

[webfact]

'Rarest white diamond ever' to be sold in London

An assistant holds a 102.34 carat white diamond at Sotheby's auction house in London, Britain February 8, 2018. REUTERS/Hannah McKay

 

LONDON (Reuters) - A flawless diamond, the size of a large strawberry, is expected to fetch a world record price when it comes to market at Sotheby's in London this month.

 

Weighing just over 102 carats, the round, brilliant white stone is smaller than a 118-carat oval diamond sold in Hong Kong in 2013, which currently holds the record price per carat.

 

But Sotheby's, which also handled that Hong Kong sale, expects the smaller stone's rarity and high quality will see it attract an even higher price.

 

"That (stone sold in Hong Kong) fetched $260,000 a carat, currently the world record for any colourless diamond. This one being a round brilliant cut - the asking price will be north of that," Patti Wong, chairman of Sotheby's Diamonds told Reuters.

 

The diamond is the only stone over 100 carats to have been given the highest grades in every criteria by the Gemological Institute of America, which judges a precious stone's quality, Sotheby's said.

 

It has not disclosed the asking price for the stone, which will be sold in a private sale.

 

(Writing by Mark Hanrahan in London; editing by Susan Fenton)

 

-- © Copyright Reuters 2018-02-09

[PatOngo]

I know of a certain general/minister who may well be interested in this, would make a nice ring to flaunt.

Probably within his price range!

[ezzra]

1 hour ago, PatOngo said:

I know of a certain general/minister who may well be interested in this, would make a nice ring to flaunt.

Probably within his price range!

Or maybe his ' friend' will buy it and that DPM can 'borrow' it from him, what's a friend for?....

[ChrisY1]

But...where's the blue diamond?

 

[GOLDBUGGY]

To carry 30 Million Dollars all in $100 Bills you would need about 130 Shoe Boxes full of money. 

 

To carry 30 Million Dollars in Gold, you would need to carry about 706 Kilograms of it. Although you could put this in your Checked Baggage, as it only takes about 1.5 Cubic Feet of space for Gold at that weight, you would never be able to lift that. 

 

But to carry 30 Million Dollars in Diamonds, you could carry that in your shirt pocket. Interesting! Reminds me of the Pink Panther.