World’s Biggest Yellow Diamond Fetches $11 Million

AP

The world’s largest known yellow diamond has been sold at auction for almost $11 million.

Auction house Sotheby’s had estimated that the pear-shaped Sun-Drop Diamond would fetch between $11 million and $15 million at auction Tuesday in Geneva.

It was bought by a telephone bidder.

The diamond was sold by New York-based company Cora International, which discovered the jewel in South Africa last year.

Gemologists rate the 110.3 carats diamond as fancy vivid yellow — the highest possible color grading.

The color in yellow diamonds is caused by nitrogen impurities trapped within carbon molecules and hardened over the course of many years.

The sales price doesn’t include the auctioneer’s commission and any taxes the buyer might have to pay.

13 Comments

  • Connection?

    To #1:

    If you don’t like what’s on this site, don’t come here. Or better yet, why don’t you start your own FREE news service.

    I, for one, found this article interesting.

  • cool

    its really very interesting
    I thought that a better diamond would be like crystal clear ,reflecting all the colours, “pshitus”
    I always thougt that the yellow was a chisaron

  • shlomo as always with bad English

    to #1 want to type same words, but you was first. and also it’s old news, so why?

  • nice but..

    with an object with that kind of value i would be worried someone would rob it .i’d rather have a peace of mind.

  • Chossid

    I used to go on MIVTZOIM to Cora Diamonds. They are located in the Diamond district of manhattan [580 Fifth, on the 5th floor]

  • Reb Karat

    To: #1 – A lot of Jews work in the diamond business. A lot of Jews live in Crown Heights. A lot of Jews who live in Crown Heights read this website. A lot of other Jews who don’t live in Crown Heights also read this website. The editors think this story may have interest to all those people so they published the story. You had a good question. Hope this answers it.

  • ceo

    connect this to something it says in Torah about diamonds, but otherwise its really not what we look at this website for. We can check CNN for that. My friends and I are getting tired of this business. Remember, we are devoted to the Rebbe’s inyonim. If not us, then who?