100-carat diamond sells for US$22m
Print Edition
AN eye-popping, 100-carat diamond, the highlight of a magnificent jewels sale in New York on Tuesday, sold for US$22.1 million, Sotheby’s auction house said.
The perfect classic emerald-cut D color diamond, which is about the size of a walnut and was mined by De Beers in southern Africa, was purchased by an anonymous buyer via a telephone bid. It had a pre-sale estimate of US$19 million to US$25 million.
Gary Schuler, head of Sotheby’s jewelry department in New York, said the gem is perfection.
“The color is whiter than white, it is free of any internal perfections, and so transparent that I can only compare it to a pool of water,” he explained.
The US$22.1 million price, which includes the buyer’s premium, fell short of the US$30.6 million world record price paid for a 118.28-carat white diamond in Hong Kong in 2013. Sotheby’s said only six perfect diamonds weighing more than 100 carats have been sold at auction in the past 25 years.
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