Paying millions of dollars for something that fits in the palm of your hand is still considered by many to be a reckless decision. However, when it comes to diamonds, it looks like the world’s richest individuals are not at all frightened by enormous prices and bidding wars. In recent news, Sotheby’s auction managed to sell a sublime 100-carat diamond for the staggering sum of $22 million. Boasting the classic emerald cut as well as a D color, the internally flawless stone is the largest of its kind to ever be sold at auction.
The original uncut diamond weighed 200 carats and was mined by a company named De Beers in South Africa. The stone required one whole year of cutting and polishing before it achieved its current form. When asked about this cutting process, the head of Sotheby’s jewelry department in New York, Gary Schuler, stated: “A classic emerald cut like this one allows for a wide expanse of pure material to be viewed without the distraction of a more complex facet arrangement. It’s almost like looking at the glimmer of a reflecting pool.”
[Via – Cnn]