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Sotheby's Hong Kong to Sell 118-Carat, D, Flawless Oval Diamond
Sep 4, 2013 3:46 PM
By Amber Michelle
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RAPAPORT... Highlighting the Hong Kong Sotheby’s upcoming auction on October 7 is a 118.28-carat, D flawless, type IIa oval-shaped diamond. The diamond, which has excellent symmetry and excellent polish, is, according to Sotheby’s jewelry experts, the largest oval-shaped, D color, flawless or internally flawless, diamond ever graded by the Gemological Institute of America (GIA).
The stone sparkles brilliantly, has no bowtie and fits perfectly in the palm of the hand. Only four other diamonds of this quality over 100 carats have been sold at auction and three were sold by Sotheby’s.
The diamond was cut from a 299-carat rough stone found in 2011 from a mine in Southern Africa. It took several months for the stone to be cut to perfection and it is expected to sell for $28 million to $35 million.
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Tags:
Amber Michelle, diamonds, Hong Kong, oval, Sotheby's
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