Auctioneer Shows Of Diamond As Big As An Egg

NEW YORK (September 4, 2013)—A 118-carat white diamond that's the size of an egg was highlighted Wednesday at a Manhattan media event.

The diamond will be auctioned on Oct. 7 in Hong Kong and has a pre-sale estimate of $28 million to $35 million.

Sotheby's calls it the greatest white diamond to be offered at auction in terms of size, quality, polish and color.

It was discovered in 2011 as a 299-carat rough diamond in an undisclosed southern African nation.

The current record for any white diamond is $26.7 million for a pear-shaped stone that was more than 101 carats.

It was sold at Sotheby's Geneva last spring.

The stone being auctioned next month is nearly 20 percent larger.


KWTX-TV News 10 6700 American Plaza Waco, Texas 76712 (254) 776-1330 Fax (254) 751-1088
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 222372961 - kwtx.com/a?a=222372961