Alex Carter
Alex has written for Vanity Fair, Barrons, Bloomberg and Condé…
A ‘flawless’ white diamond the size of a small egg sold has for a record-setting $30.6 million at Sotheby’s in Hong Kong. The 118-carat white diamond from Africa was discovered in 2011, and originally weighed 299 carats. The $30.6 million price tag tops the $26.7 million for a white diamond in May at Christie’s in Geneva.
The gem is the largest oval D-flawless diamond ever graded by the Gemological Institute of America.
The fact that Sotheby’s auctioned the diamond in Hong Kong reflects the growing influence of the Asian market.
Alex Carter
Alex has written for Vanity Fair, Barrons, Bloomberg and Condé Nast Traveler.