WHITE DIAMOND RAKES IN A STAGGERING $13.7 MILLION AT SOTHEBY’S
Sotheby’s Hong Kong Sale of Magnificent Jewels and Jadeite, held earlier this week (April 2), saw a white 88.22-carat diamond selling for 107,993,000 HKD – more than $13.7 million, according to Diamond World.
The diamond, a type II. Flawless, D colour stone, was cut from a 242-carat rough mined at the Jwaneng mine in Botswana, and purchased by a Japanese private collector who named the stone “Manami Star” after his daughter. Patti Wong, Sotheby’s chairman in Asia, said: “The diamond takes its place in the roster of top white diamonds to have come to the market here at Sotheby’s Asia. Three clients from the region competed for the stone – testament to the strong demand for diamonds of this quality in this part of the world”.
Sotheby’s offered 200 lots, among them more white diamonds, fancy coloured diamonds, heritage jewels, and more. However, it failed to sell more than a third of the lots, according to the report.