This year round on October 7th at the Hong Kong Magnificent Jewels and Jadeite auction one can witness the glitter and fiery sparkle of a 118-carat D-Flawless Diamond by the Sotheby’s. Abiding to their pioneering practice of presenting the world with most perfect white diamonds along with an exceptional size Sotheby’s touted this rock to be the “greatest white diamond” and also the largest flawless D color diamond with excellent polish and symmetry ever to appear at an auction. The origin of this gleaming oval shaped diamond is from a 299 ct. rough stone, which was unearthed from the deep mines of South Africa in 2011. This scintillating rock is the roughly the size of an egg and is estimated to fetch a colossal sum of about $ 28 million to $35 million, which would be the highest price paid for a white diamond till date. The buyer of this enormous rock in the auction is said to have the privilege of naming rights to it. According to the chairman of Sotheby’s International Jewelry Division this brilliant diamond adds to the elite group of the other most significant stones that the company has presented the world with in the last 25 years and the sale would set a record for the largest jewelry auction ever to be witnessed.
