FLAW­LESS DI­A­MOND TIPPED TO FETCH RECORD PRICE

Weekend Gold Coast Bulletin - - WORLD -

A FLAW­LESS di­a­mond the size of a large straw­berry should fetch a record price when it goes on sale at Sotheby’s in Lon­don this month.

Weigh­ing just over 102 car­ing ats, the round, bril­liant white stone is smaller than a 118carat oval di­a­mond sold in Hong Kong in 2013, which cur­rently holds the record price per carat.

But Sotheby’s, which also han­dled that Hong Kong sale, ex­pects the smaller stone’s rar­ity and high qual­ity will see it at­tract an even higher price.

Patti Wong, chair­man of Sotheby’s Di­a­monds, said the Hong Kong stone fetched $364,000 a carat, cur­rently the world record for any colour­less di­a­mond. “This one be­ing a round bril­liant cut – the ask- price will be north of that,” she said.

The di­a­mond is the only stone over 100 carats to have been given the high­est grades in ev­ery cri­te­ria.

Pic­ture: AP PHOTO

A model dis­plays a 102.34 carat di­a­mond at Sotheby's auc­tion house in Lon­don. The stone is ex­pected to fetch more than $33 mil­lion.

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