The 51.38-carat cut diamond is the largest ever produced in Russia. Photo: K. Y. Cheng

Young people dazzled not by diamonds but iPhones, producer in Hong Kong says

Claim comes ahead of auction involving 51.38 carat diamond expected to draw bids starting from US$10 million

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The 51.38-carat cut diamond is the largest ever produced in Russia. Photo: K. Y. Cheng
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