Flawless White Diamond Could Hammer for $33-M+

Flawless White Diamond Could Hammer for $33-M+

Flawless White Diamond Could Hammer for $33-M+

$BID

A white diamond billed as the largest and purest of its type to come to market is expected to sell for well over $33-M

Sotheby’s (NYSE:BID) auction house says the 102.34-carat gem mined from Botswana “is the only known round brilliant-cut diamond over 100 carats perfect according to every critical criterion” i.e. carats, color, clarity and cut.

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

The flawless gemstone went on display Thursday at Sotheby’s London showroom and is being offered for private sale. It’s expected to fetch a price “considerably higher” than the $33.7-M auction record for a white diamond.

Stay tuned…

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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