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World’s largest yellow diamond sold for record 7.8 m pounds
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Print London, Nov 16 (ANI): The world’s largest pear-shaped yellow diamond was sold for 11.28 million Swiss francs, a world record, at an auction at Sotheby’s on Tuesday night.
The diamond, known as the ’Sun-Drop Diamond’ weighing 110.03 carats, was the top lot at Sotheby’s semi-annual jewellery sale in Switzerland.
The stone was discovered in South Africa last year and was cut and polished by New York-based Cora International, which put it up for sale, the auction house revealed in its catalogue.
It had a pre-sale estimate of 11-15 million dollars. The hammer price included the commission paid by the owner, who Sotheby’s auctioneer David Bennett said was a private individual who wished to remain anonymous.
"It sold for a record for a yellow diamond ... It was exactly within our expectation for this spectacular stone," the Telegraph quoted Mr Bennett as saying after the sale.
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