Sotheby’s offered the gem without reserve in a single-lot sale in Hong Kong on Monday.
Sotheby’s just made a major diamond sale and it was purchase by a bidder over the phone. The sale proves that, even in these turbulent times, collectors are still willing to shell out millions for high-quality gemstones.
The house sold a 102.39-carat D color flawless diamond sold for $15.7 million in a single-lot auction in Hong Kong on Monday. It was offered without reserve, meaning the gem went to the highest bidder regardless of the amount of the bid or actual value of the stone.
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