Get breaking Nigerian news on gist, movies, celebrities, music, lifestyle and Exclusive videos

Largest diamond ever sold at Auction bought for record $34million

0

The largest diamond ever offered at auction went under the hammer in Geneva Tuesday evening for nearly $34 million, a world record for a gem of its kind, the Christie´s auction house said.

The 163.41-carat flawless D colour diamond, suspended from an emerald and diamond necklace called The Art of Grisogono, sold for 33.5 million Swiss francs ($33.8 million, 28.7 million euros), after taxes and commissions, at the Christie´s autumn jewel auction.

This marks “a new world-record price for a D colour diamond at auction,” Rahul Kadakia, auctioneer and head of Christie´s international jewels division, told AFP.

D is the highest colour grade attributed to a diamond, indicating that the stone is completely colourless, and thus extremely rare.