Christie's in Geneva achieves record price for diamond

Thursday 15 November 2012 01:00 GMT

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

Christie's in Geneva has auctioned off the Archduke Joseph Diamond for nearly $21.5m (£13.5m), a world record price per carat for a colourless diamond.

That was well above the expected $15m and more than triple the price paid for it at auction almost two decades ago.

The 76.02-carat diamond, with flawless clarity, came from the ancient Golconda mines in India.

The seller, Alfredo Molina, chairman of California-based jeweller Black, Starr & Frost, said the winning bidder was going to donate the diamond for display at a museum. AP

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Stay up to date with notifications from The Independent

Thank you for registering

Christie's in Geneva achieves record price for diamond

Join our commenting forum

Thank you for registering