A 110-carat yellow jewel called the Sun Drop Diamond, thought the biggest of its kind in the world, sold for a record $10.9 million at Sotheby’s auction in Geneva. Including commission the unidentified telephone bidder paid almost $12.4 million for the gem, putting it within the $11 million to $15 million range Sotheby’s had estimated before the sale.
Gemologists rate the 110.3 carat diamond as fancy vivid yellow – the highest possible colour grading. The colour in yellow diamonds is caused by nitrogen impurities trapped within carbon molecules and hardened over the course of millions of years. The gem was discovered in South Africa in 2010 and wowed visitors to London’s Natural History Museum where it was displayed earlier this year, and also in Hong Kong.
Showing posts with label Diamond. Show all posts
Showing posts with label Diamond. Show all posts
Saturday, 31 December 2011
Wednesday, 28 December 2011
A large diamond-studded conch shell worth $470,000 displayed in India
I don’t know what the fetish with conch shells is, but it sure works well for the fashion lovers. But this is beyond that as well. The Surat Chamber of Commerce in India had put a huge diamond-studded conchshell on display. Estimated at Rs 2.5 crore ($470,000), the conchshell crafted using acrylic and silver is 5.5 feet tall and almost 3 feet wide. Set with as many as 28,000 cubic zirconium diamonds, the stones have been sponsored by a Swiss company.
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