Egg-Sized 118-Carat Diamond Up for Auction Shown in NYC - NBC New York

Egg-Sized 118-Carat Diamond Up for Auction Shown in NYC

The oval diamond found in a southern African nation has a pre-sale estimate of between $28 million to $35 million

    processing...

    NEWSLETTERS

    Egg-Sized 118-Carat Diamond Up for Auction Shown in NYC
    A 118-carat white diamond is on display at Sotheby's Wednesday. The oval stone has a pre-sale estimate of between $28 million and $35 million.

    A New York auction house is showing off a 118-carat white diamond that's the size of an egg.

    The oval stone was highlighted at a Manhattan media event Wednesday. It will be auctioned in Hong Kong on Oct. 7 and has a pre-sale estimate of $28 million to $35 million.

    Sotheby's calls it the greatest white diamond to be offered at auction in terms of size, quality, polish and color.

    It was discovered in 2011 as a 299-carat rough diamond in an undisclosed southern African nation.

    The current record for any white diamond is $26.7 million. That pear-shaped stone was over 101 carats. It was sold at Christie's in Geneva last spring.

    The stone being auctioned next month is nearly 20 percent larger.

    Get the latest from NBC 4 New York anywhere, anytime

    • Download the App

      Available for IOS and Android