Sotheby's semi-annual jewellery sale in Geneva recorded selling the ‘Sun-Drop Diamond’, which is considered the world’s largest pear shaped fancy vivid yellow diamond, for 11.28 million. This price has set the world record for a yellow diamond at an auction. The Sun-Drop Diamond weighs 110.03 carats and boasts features of being a VVS1, fancy vivid yellow diamond. It has a history of being mined in South Africa in 2010 and cut and polished by Cora International.
The sale which generated total revenue worth $70.17 million, depicted a strong sell‐through rates for the auction house, which reflected he strength and resilience of the international Jewelry market, reports suggest. Other notable purchases included - a rare, cushion-shape, 38.88-carat, D, IF diamond, sold for $7 million or $179,070 per carat, a 4.16-carat, fancy vivid blue diamond ring (the third top lot) sold for $4.3 million or $1.02 million per carat.
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