Largest Diamond Ever Auctioned Expected To Sell For Up To $35 Million

Diamond fetches $33.5m at Christie's auction in Geneva

Diamond fetches $33.5m at Christie's auction in Geneva

A flawless 163-carat clear diamond fetched about $US34 million ($44.5 million) at Christie's in Geneva on Tuesday evening.

The necklace, named The Art of de Grisogono, sold for $33.5m - $29.5m plus $4m premium - exceeding pre-sale predictions of $30m.

The 163-carat stone is the centerpiece of an emerald and diamond studded necklace.

The necklace is expected to be sold for up to $35 million.

This stone discovered past year in Angola is so pure and so large that even Christie's jewellery director David Warren can't contain his enthusiasm.

The finished piece is made from white gold, diamond and emeralds.

It went under the hammer, again to an unidentified telephone bidder, for 12.5 million francs, with the final price tag after taxes and commissions ticking in at 14.4 million francs ($14.5 million, €12.3 million).

The pink stone, originally dug out of the ancient mines of Golconda in south-central India, sparkled on the crowns of Louis XV and Louis XVI, who was guillotined during the French Revolution.

The buyer's identity has not been revealed.

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