Sotheby's said on Thursday that the 102.39-carat diamond, a flawless white sparkler, was the second-largest oval diamond of its kind to be offered at auction. The largest, a 118.28-carat diamond, set a record $30.8 million price when it was sold under the hammer in 2013. 'Diamonds of this caliber and size have sold anywhere between $11.9 million to $33.7 million,' said Quig Bruning, head of Sotheby's New York jewelry department. The diamond will be sold in a single-lot action without a reserve price at Sotheby's in Hong Kong on October 5. The world record for any diamond or jewel sold at auction was set in 2017 when a 59.60-carat fancy vivid pink diamond was sold for $71.2 million to the Hong Kong jewelry company Chow Tai Fook, Sotheby's said.

Source: Daily Mail September 10, 2020 13:59 UTC