Flawless, Pear-shaped, Colorless Diamond Could Sell for Roughly $20 Million in May Auction

Bloomberg reported that the world’s biggest diamond could fetch a ticket price estimated at $20 million at a jewelry auction being held in Switzerland in May.  The diamond, a 101.73 carat, D-color, flawless, pear-shaped stone, was cut from a rough diamond weighing 236 carats was found in the Jwaneng mine in Botswana which is jointly held by DeBeers and the government of Botswana. It took 21 months to polish.

As quoted in the market news:

Demand for the rarest diamonds as an alternative asset and portable store of value has pushed up prices in recent years.

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