Flawless Diamond Sales For $21.48 Million In Geneva

Reuters reported Christie’s said it sold a huge, internally flawless diamond from India’s Golconda mines for $21.48 million in Geneva, Switzerland.

As quoted in the market news:

The rare, colourless stone weighing 76.02 carats, and roughly the size of a large strawberry, once belonged to Archduke Joseph August of Austria (1872-1962), a prince of the Hungarian line of the Habsburgs.

Its pre-sale estimate was 15-to-25 million Swiss francs and it fetched more than double the price paid for it at auction almost two decades ago.

Click here to read the full Reuters report.