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Showing posts with the label 102.39 carat diamond

102.39-carat diamond Hammered!

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  Sold for US$15,694,870 at Sotheby’s!   D Colour Flawless Oval Diamond named, Maiko Star!   Moments ago at Sotheby’s Hong Kong, one of the earth’s rarest and most coveted wonders – a highly important 102.39-carat D Colour Flawless Oval Diamond - sold for HK$121,562,000 / US$15,694,870 in an unprecedented single-lot live auction. Offered without reserve-a first at auction for a lot of this importance and inherent value, the diamond attracted enormous interest and a flurry of bids, taking it quickly from HK$1 to well over HK$100m.  Some of those bids were also placed online, the highest of which was HK$85m / US$10.97m - the highest value bid ever placed on a jewel online.  The winning bid, though, came over the phone from a private collector in Japan, who, shortly after the sale, renamed the diamond the ‘Maiko Star’, after his second daughter.     This now establishes a family tradition: last year, the same collector purchased another important diamond from Sotheby’s, naming it the