16 Nov '11, 12am

110-carat 'Sun Drop' diamond fetches $10.9 million at auction

A 110-carat yellow jewel called the Sun Drop Diamond, considered the biggest of its kind in the world, sold for 10 million Swiss francs (S$10.9 million) at auction in Geneva, Sotheby's announced Tuesday. -- PHOTO: AP GENEVA (AFP) - A 110-carat yellow jewel called the Sun Drop Diamond, considered the biggest of its kind in the world, sold for 10 million Swiss francs (S$10.9 million) at auction in Geneva, Sotheby's announced Tuesday. 'Ten million francs (S$14.12 million). Sold!", said Sotheby's David Bennett before about 150 people gathered for the sale at a luxurious Geneva hotel. The sale price was slightly less than the estimations of experts who had valued the yellow diamond at between US$11 and 15 million (S$14.2 to 19.4 million). Gemologists have certified the pear-shaped jewel as 'Fancy Vivid Yellow', the rarest and most desirable colour for a yellow diamond, Sotheby'...

Full article: http://www.straitstimes.com/BreakingNews/Lifestyle/Story/...

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'Sun Drop' Yellow Diamond Sold for Record $10.9 Million

'Sun Drop' Yellow Diamond Sold for Record $10.9...

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The Sun Drop yellow diamond, a behemoth of a stone weighing in at 110 carats, has been auctioned off for a record US$10.9 ...

The world's largest yellow diamond sold

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