World

100-carat diamond sells for $22M at Sotheby's

A "perfect" 100-carat diamond in a classic emerald-cut has sold for just over $22 million at auction.

'Perfect' emerald-cut stone first of its kind seen at auction

The "perfect" 100-carat diamond was mined in southern Africa within the last 10 years and weighed over 200 carats before it was cut and polished, according to Sotheby's. (Mary Altaffer/Associated Press)

A "perfect" 100-carat diamond in a classic emerald-cut has sold for just over $22 million at auction.

The internally flawless D color stone is the only classic emerald-cut white diamond of the highest color and clarity and over 100 carats to come to auction, according to Sotheby's.

The final price on Tuesday night was $22,090,000 US ($27,052,000 Cdn) including the buyer's premium.

The diamond was mined in southern Africa within the last 10 years and weighed over 200 carats before it was cut and polished, the auction house said.

The presale estimate had been between $19 million and $25 million.

The record for any jewel is $46 million for a 24.78-carat emerald-cut pink diamond, set at Sotheby's in 2010.

Comments

To encourage thoughtful and respectful conversations, first and last names will appear with each submission to CBC/Radio-Canada's online communities (except in children and youth-oriented communities). Pseudonyms will no longer be permitted.

By submitting a comment, you accept that CBC has the right to reproduce and publish that comment in whole or in part, in any manner CBC chooses. Please note that CBC does not endorse the opinions expressed in comments. Comments on this story are moderated according to our Submission Guidelines. Comments are welcome while open. We reserve the right to close comments at any time.

Become a CBC Member

Join the conversation  Create account

Already have an account?

now