A 118.28 carat flawless diamond has been sold at auction for $30.6 million (£19 million) at a Hong Kong auction.
The D coloured diamond, whose oval shape is said to resemble the size of an egg, has broken the world record for being the biggest white diamond to ever be sold at auction.
The auction took place at Sotheby’s, Hong Kong, where the company not only broke its personal record for the highest ever total for a jewellery auction, but also for the whole of Asia at $95 million.
Sotheby’s deputy chairman, Chin Yeow said: “We are thrilled to achieve a new world record for a white diamond at auction.”
Yeow added: “We are also extremely happy to achieve the highest total for a sale of jewellery in Asia at US$95,473,557, a befitting occasion for Sotheby’s 40th anniversary in Asia. Overall the auction was very well attended with many bidders on the phone from all over Asia and beyond.”
Written by Alexandra Holt