‘Flawless’ white diamond could fetch over $33 million

LONDON – A white diamond billed as the largest and purest of its type to come to market is expected to sell for well over $33 million.

Sotheby's auction house says the 102.34-carat gem mined from Botswana "is the only known round brilliant-cut diamond over 100 carats perfect according to every critical criterion" — carats, colour, clarity and cut.

Sotheby's diamond department head Patti Wong called it "over 100 carats of flawless perfection."

The diamond went on display Thursday at Sotheby's London showroom and is being offered for private sale.

It's expected to fetch a price "considerably higher" than the $33.7 million auction record for a white diamond.

The auction record for any diamond is held by the "Pink Star," which sold for $71 million at Sotheby's Hong Kong in 2017.

News from © The Associated Press, . All rights reserved.
This material may not be published, broadcast, rewritten or redistributed.

The Associated Press

The Associated Press is an independent global news organization dedicated to factual reporting. Founded in 1846, AP today remains the most trusted source of fast, accurate, unbiased news in all formats and the essential provider of the technology and services vital to the news business. More than half the world’s population sees AP journalism every day.