76 Carat Diamond Expected To Fetch $15 Million

Reuters reported a 76-carat diamond is expected to fetch well over $15 million when it hits the auction block in November, Christie’s said on Friday.

As quoted in the market news:

The colossal gem, which Christie’s said was the finest and largest perfect Golconda diamond ever to appear at auction, is perfect in color and internally flawless.

The diamond, named the Archduke Joseph Diamond for one of its former owners, is the highlight of Christie’s sale of precious gems in Geneva in November, the auction house said in a statement.

Click here to read the full Reuters report.