A 102.39 carat D-color flawless oval diamond was sold in a single-lot auction at Sotheby's for more than $15.5 million. The sale by Sotheby's Hong Kong was the first time a diamond of more than 100 carats was sold in a combined online and live auction, and it is the first time that such an important diamond was offered without reserve. The diamond was purchased by a private Japanese collector who requested anonymity. With big diamond auctions, one should always remember the 3D's: Debt, Divorce, Death.
Discover P.J. Joseph's blog, your guide to colored gemstones, diamonds, watches, jewelry, art, design, luxury hotels, food, travel, and more. Based in South Asia, P.J. is a gemstone analyst, writer, and responsible foodie featured on Al Jazeera, BBC, CNN, and CNBC. Disclosure: All images are digitally created for educational and illustrative purposes. Portions of the blog were human-written and refined with AI to support educational goals.
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