{"id":224638,"date":"2020-10-08T06:35:02","date_gmt":"2020-10-08T06:35:02","guid":{"rendered":"https:\/\/luxurylaunches.com\/?p=224638"},"modified":"2020-10-08T06:35:02","modified_gmt":"2020-10-08T06:35:02","slug":"this-102-39-carat-diamond-for-the-first-of-its-kind-to-sell-without-a-reserve-and-it-fetched-15-6-million-in-auction","status":"publish","type":"post","link":"https:\/\/luxurylaunches.com\/auctions\/this-102-39-carat-diamond-for-the-first-of-its-kind-to-sell-without-a-reserve-and-it-fetched-15-6-million-in-auction.php","title":{"rendered":"This 102.39-carat diamond for the first of its kind to sell without a reserve and it fetched $15.6 million in auction"},"content":{"rendered":"


\nAn exceptionally rare 102.39-carat diamond<\/a> recently came to auction at Sotheby\u2019s. And while it was expected to rake in quite the big bucks, the gem garnered a whopping $15.6 million on sale. Yes, that\u2019s right!
\n
\n\"\"<\/a>
\nThe first of its kind to be sold without a reserve, the diamond was cut from a larger rock discovered in 2018 in Ontario, Canada. It was then cut and polished over a year by Diacore, a specialist in sourcing, cutting, and polishing extraordinary diamonds. The stone has been classified as “D color,” the highest grading for a white diamond, and is considered \u201cflawless.” It belongs to a rare cluster of gems that contain little to no oxygen and has been rated at the top in each of the “four Cs” – cut, color, clarity, and carat weight.<\/p>\n

\"\"<\/a>
\nCommenting on it, Patti Wong, Chairman of Sotheby’s<\/a> Asia in a statement said, “This extraordinary gem needed no help from a pre-sale estimate or reserve to reach its rightful price\u2014just the instinctive desire of collectors to own one of the earth\u2019s greatest treasures.” The diamond’s winning bid went to a private collector from Japan who named it “Maiko star” after his second daughter. The same collector also bought the uber precious 88.22-carat \u201cManami Star\u201d at Sotheby\u2019s in April 2019. Well, it looks like diamonds sure is his best friend!<\/p>\n

[Via: Forbes<\/a>]<\/p>\n","protected":false},"excerpt":{"rendered":"

An exceptionally rare 102.39-carat diamond recently came to auction at Sotheby\u2019s. And while it was expected to rake…<\/p>\n","protected":false},"author":90,"featured_media":224642,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[180,4903],"yoast_head":"\nThis 102.39-carat diamond for the first of its kind to sell without a reserve and it fetched $15.6 million in auction - Luxurylaunches<\/title>\n<meta name=\"description\" content=\"An exceptionally rare 102.39-carat diamond recently came to auction at Sotheby\u2019s. 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