Recently Sotheby’s auctioned a 74.79 carat diamond with the diamond having the coveted “D” colour designation, the diamond sold for $14.2 million. This sale exceeded the pre sale price of $9 to $12 million that was expected for the said diamond. The bidding for this Sotheby’s diamond was attended by five bidders.
It is interesting to quote here that Sotheby’s sale was followed by some other big diamond sales. In 2011 the $115 million Liz Taylor Jewellery sale was much in the news.
However, sources at Sotheby were not ready to share much information on the make or origin of the diamond. They only pointed out that the $14 million stone was not too old to consider the same as historic.
Regardless of this fact, the pear shaped diamond turned out to be a worthy investment for the seller.