Flawless 102-Carat White Diamond Sold for 18.2 Billion KRW at Hong Kong Sotheby's

Only 7 Flawless Diamonds Over 100 Carats in History

▲ A 102.39-carat flawless white diamond sold for 18.2 billion KRW at the Sotheby's auction in Hong Kong on the 5th. [Image source=AP Yonhap News]

[Asia Economy Reporter Kwon Jae-hee] A flawless 102.39-carat white diamond was sold for $15.7 million (approximately 18.2 billion KRW) at a Sotheby's auction in Hong Kong.

According to the British BBC on the 5th (local time), this diamond was cut from a 271-carat rough stone discovered in a Canadian mine in 2018. Diamonds over 100 carats of this quality are so rare that only seven have ever been auctioned.

Sotheby's described it as "color grade D, the highest grade, with purity and clarity also at the highest level," adding, "It is so perfect that its rarity and beauty are difficult to express in words."

The diamond auction was conducted without an official appraisal value or starting price from Sotheby's. This is the first time a diamond has been auctioned in this manner.

Meanwhile, the largest diamond necklace ever auctioned, a 163-carat diamond, was sold for $33.7 million (approximately 39 billion KRW) at Christie's auction held in Geneva, Switzerland, in 2017.

In the same year, a 19-carat pink diamond was sold for $71.2 million (approximately 82.4 billion KRW), setting a record price of $2.6 million (approximately 300 million KRW) per carat.

This content was produced with the assistance of AI translation services.