This South African diamond just sold for R300 million – that's considered a bargain
A diamond mined in South Africa some 20 years ago went under Christie's hammer in Geneva on Wednesday.
Described by Christie's auction house as"a truly exceptional pear-shaped diamond", the 228.31-carat stone was touted as the highlight of the Magnificent Jewels event held on Wednesday afternoon. In the end, as the hammer came down on Lot 26, the golf-ball-sized diamond sold for an underwhelming CHF18.6 million to the highest bidder.
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