101.73-Carat Diamond Sells For $26.7 Million At Geneva Auction. We'll take two.
Our bid came in just short of the winning bid but nonetheless, we wish the best of luck to the highest bidder of such diamond. On Wednesday, the 101.7-carat diamond unearthed in Botswana auctioned for $26.7 million at Christie's Auction House in Geneva on Wednesday. The pear-shaped diamond made up a large percent of the $102 million raised during the auction which included Barcelona soccer star Lionel Messi’s Audemars Piguet No. 10 Royal Oak Chronograph wristwatch, which sold for $81,850.
The stone was the largest D-color flawless diamond offered at auction and took 21 months to polish. A D is the highest color grade a diamond can receive and means the stone is 100 percent colorless. D grade diamonds are extremely rare, which is why they command such high prices. Flawless diamonds — those with no inclusions or blemishes — are also incredibly rare.
Christie’s recorded another large diamond sale just months ago when a rare 36.45 carat pink diamond, called the “Princie,” sold for $39.3 million. The Princie — so named for the then-14-year-old prince of Baroda, who was fascinated by the gem — commanded the second largest price for an auctioned diamond, with the highest price being a whooping $46.16 million for another rare pink diamond.
And with that, we'll go scrounge up change out of our couch for tonight's happy hour session at Juan's famous taco and margarita bar.