Saudi economy posts 2.7% growth in 1Q 2025    Saudi Arabia to rehabilitate six hospitals in Sudan    Saudi Awwal Bank launches a world class Innovation Centre to provide financial services    New Parkinson's Pump therapy introduced at King's College Hospital London in Dubai First-of-its-kind treatment offers a new lease on life for the youngest Parkinson's patient in the UAE and MENA region    Makkah Mayoralty approves 3,149 Hajj housing permits for over 1.8 million pilgrims    Tesla dismisses report of board plan to replace Elon Musk    Over 650,000 visit Saudi Arabia's 'Jusoor' exhibition in Jakarta in just six days    King Charles sends heartfelt message to fellow cancer patients    A defiant China looks beyond Trump's America 'We don't care'    Pakistan army chief's Kashmir remarks cause anger in India    Trump tells business chiefs he needs 'little bit of time' as US economy shrinks    FlyAkeed unveils AkeedAI at ATM Dubai — redefining the future of corporate travel with agentic intelligence    Russia launches deadly drone attack on Odesa, governor says    Al Nassr crash out as Kawasaki Frontale reach AFC Champions League Elite final    HR Ministry approves regulations for job ads and interviews in private sector    Saudi Transplant Congress discusses scientific advancements and innovations on organ donation and transplantation    Al Ahli stun Al Hilal to reach AFC Champions League Elite final    SR200,000 reward for each player of the Saudi club winning AFC Champions League title    William and Kate celebrate anniversary on Isle of Mull    Duran leads Al Nassr past Yokohama Marinos into AFC Champions League Elite semi-finals    Pakistani star's Bollywood return excites fans and riles far right    Veteran Bollywood actor Manoj Kumar dies at 87    Bollywood actress vindicated over boyfriend's death after media hounding    Grand Mufti rules against posting prayers and preaching in mosques on social media    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



carat diamond sells for $22 million at auction
Published in Saudi Press Agency on 22 - 04 - 2015

A "perfect" 100-carat diamond in a classic emerald cut sold for just over $22 million at auction on Tuesday, according to AP.
The internally flawless D color stone is the only classic emerald-cut white diamond of the highest color and clarity and over 100 carats to come to auction, according to Sotheby's.
The final price on Tuesday night was $22,090,000, including the buyer's premium.
"This 100.20-carat diamond is the definition of perfection. The color is whiter than white. It is free of any internal imperfections," Sotheby's New York jewelry department head Gary Schuler said in a statement prior to the sale, likening its transparency "to a pool of icy water."
The presale estimate had been between $19 million and $25 million.
The diamond was mined in southern Africa within the last 10 years and weighed over 200 carats before it was cut and polished, the auction house said.
The seller wished to remain anonymous. The buyer was also anonymous, and the winning bid came in over the phone.
Only five "perfect" diamonds over 100 carats have sold at auction in the last 25 years, with a 118-carat oval-cut stone fetching $30.6 million at Sotheby's in 2013. It set a record for a white diamond.
The record for any jewel is $46 million for a 24.78-carat emerald-cut pink diamond, set at Sotheby's in 2010.


Clic here to read the story from its source.