Largest diamond auctioned in 20 years set to sell

In just eight days, the largest diamond to be seen in any worldwide auction will be offered by Cristie’s “Jewels: The Hong Kong Sale“. It is expected to sell for over $6,000,000. It was cut from a 460 carat rough to create the 101.27 carat stone, was given an F color rating by GIA, and is internally flawless.

It is a telling sign that the gem is being sold in the region where economic growth is moving at a massive pace. “Only 3 colorless diamonds of over 100 carats have ever appeared at auction, all sold in Geneva.” says Francois Curiel, Christie’s Chairman of Jewelry. The May 28 auction will sell 345 lots and is expected to achieve in bring revenue of $56 million.