The diamond is known as a Type II diamond, which are among the most chemically pure among naturally occurring diamonds. Sotheby's says it is the first time a diamond of this calibre has ever been sold without a reserve price. Sotheby's said it's the second-largest oval diamond to ever come up for auction, only slightly smaller than the 118-carat diamond that sold for $30 million US in 2013. 'Miracle of nature'Currently, the record price for a diamond at auction was $83 million US for the so-called Pink Star diamond, a 59-carat jewel that sold in 2013. WATCH | 102-carat diamond was cut and polished for more than a year:Huge, flawless diamond unearthed in 2018 at the Victor Mine in Northern Ontario is set to fetch millions at auction.

Source: CBC News September 15, 2020 07:52 UTC