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A diamond the size of a walnut just sold for US$13.8 million

This 88.22 carat-diamond was auctioned by Sotheby’s Hong Kong and sold for US$13.8 million.

A huge diamond sold for US$13.78 million at Sotheby’s Hong Kong Sale of Magnificent Jewels and Jadeite yesterday. The oval brilliant diamond is 88.22 carats, D colour, flawless and type IIa, the latter of which speaks to its purity in that it contains little or no nitrogen atoms. It’s the size of a walnut. Sotheby’s Asia chairman Patti Wong describes this stone as “nothing short of a miracle”.

To put the matter into perspective, the stone is one of only three oval diamonds sized over 50 carats to ever be auctioned – the first was 118.28 carats, which sold for US$30.8 million in Hong Kong in October 2013; the second was 50.39 carats, sold for US$8.1 million in Geneva in May 2018; both were D colour, flawless and type IIa.

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Auctions

The oval brilliant diamond – 88.22 carats, D colour and flawless – was sold at Sotheby’s Hong Kong Sale of Magnificent Jewels and Jadeite