Asia’s biggest colorless diamond sold for $6.2 mln
A 101.27-carat diamond, rated VVS1 (very very slightly imperfect 1st degree) for clarity is the size of a squash ball and the largest colorless stone to be auctioned in Asia, has fetched $6.2 million at a Christie’s sale in Hong Kong.
The diamond is the largest colorless diamond to appear at auction in 18 years and one of only three colorless diamonds of over 100-carats ever to be auctioned.
However, it has been suggested that demand for top stones may be waning due to a weakening world economy as a much-hyped 72.22 carat “D” flawless white diamond failed to sell at a Sotheby’s Hong Kong auction in April.
Click here to read more