Skip to content
Catholic Online Logo

By Catholic Online (NEWS CONSORTIUM)

9/5/2013 (1 year ago)

Catholic Online (www.catholic.org)

Glittering, egg-sized diamond will be auctioned off by Sotheby's in October

Described as flawless and heralded as the biggest perfect white diamond ever to go to auction, a Sotheby's spokesman says "It's a honker!" Mined in Africa in 2011, the 118.28 carat, D Color Flawless, type11A, Magnificent Oval Diamond is about the size of a chicken egg. While small, it is expected to fetch twice as much as Derek Jeter got for his Manhattan penthouse last year.

The ice-like chunk of carbon will be the main attraction of Sotheby's Magnificent Jewels and Jadeite auction on October 7 in Hong Kong.

The ice-like chunk of carbon will be the main attraction of Sotheby's Magnificent Jewels and Jadeite auction on October 7 in Hong Kong.

Highlights

By Catholic Online (NEWS CONSORTIUM)

Catholic Online (www.catholic.org)

9/5/2013 (1 year ago)

Published in Europe

Keywords: Diamond, Sotheby's, auction, flawless


LOS ANGELES, CA (Catholic online) - The diamond is expected to break auction records in October when Sotheby's offers it up to deep-pocket bidders for an asking price of $28 to $35 million. It's the biggest perfect white diamond ever hit the auction block, with a pre-sale estimate of $28 million to $35 million.

"It's almost 20 percent larger than the next largest," the Sotheby's representative told reporters.

The auction house, has displayed the diamond under heavy guard at its upper East Side showroom, said the owner wants to remain anonymous.

The ice-like chunk of carbon will be the main attraction of Sotheby's Magnificent Jewels and Jadeite auction on October 7 in Hong Kong.

In fact, the gem could fetch as much as Calvin Klein's asking price for his four-bedroom Central Park West apartment or what rapper Soulja Boy dropped in 2011 on a Gulfstream G50 jet.

Jeter only got $15.5 million for his Trump World Tower four-bedroom penthouse.

Records for both price and size for a perfect white diamond were set at a 2012 Christie's auction when a 101.73-carat gem sold for $26.7 million. Before it was worked over, the diamond Sotheby's is now offering tipped the scales in a rough condition at 299 karats.

Watch Catholic Online's most viral videos here!

---


Pope Francis: end world hunger through 'Prayer and Action'


Copywriter 2015 - Distributed by THE NEWS CONSORTIUM

Pope Francis Prayer Intentions for June 2015
Universal:
That immigrants and refugees may find welcome and respect in the countries to which they come.
Evangelization: That the personal encounter with Jesus may arouse in many young people the desire to offer their own lives in priesthood or consecrated life.


Rosaries, Crosses, Prayer Cards and more... by Catholic Shopping .com


Comments


More Europe

Top German publication pressures Chancellor Merkel to act after NEW U.S. spying allegations Watch

Image of Chancellor Merkel has made no public comment on the incident, although Washington's ambassador to Berlin was summoned to the Chancellery. Merkel's displeasure was made known to him 'in no uncertain terms.

By Catholic Online (NEWS CONSORTIUM)

German Chancellor Angela Merkel was understandably upset after she learned the national Security Agency had her under surveillance for several years. This is the type of action the U.S. reserves for unfriendly nations, and not our strongest ally in NATO. Merkel ... continue reading


HITTING WALL: Nation of Greece prepares for economic meltdown Watch

Image of

By Catholic Online (NEWS CONSORTIUM)

The nation of Greece, after years of scolding by the European Union over its fiscal irresponsibility is headed to an inevitable meltdown. Cash reserves are dwindling by the minute, sure to disintegrate the ruling coalition. LOS ANGELES, CA (Catholic Online) - ... continue reading


The new 'Iron Curtain': Hungary plans massive border fence to keep migrants out Watch

Image of Border fence between United States and Mexico.

By Talia Ramos (NEWS CONSORTIUM)

Critics are not happy with the Hungarian government's plan to construct a 13-foot high border fence to narrow down the influx of illegal migrants coming to their country. The planned border is being compared to the historically terrifying Auschwitz and Iron Curtain ... continue reading


Horrific terrorist attacks in France, Tunisia and Kuwait unleashed simultaneously Watch

Image of

By Abigail James (NEWS CONSORTIUM)

Three different terrorist attacks occurred in three different areas, leaving a bloody line of death across three continents. The recent and horrific attacks reawaken the fear that ISIS' influence knows no boundaries. LOS ANGELES, CA (Catholic Online) - The attacks took ... continue reading


Mystery surrounds disappearance of American woman on ancient Catholic pilgrimage in Spain Watch

Image of Denise Thiem mysteriously disappears during her Catholic Pilgrimage in Spain.

By Linky C. (NEWS CONSORTIUM)

Denise Thiem, an American woman who quit her job to go around the world, disappeared while in a Catholic Pilgrimage in Astorga, Spain and has been missing for more than three months  Thiem's family is continuously searching for answers from the Spanish authorities ... continue reading


Riots and protests prompt the banning of the Uber taxi service in France Watch

Image of The taxi protests in Paris have shined yet another unflattering spotlight on the world's most popular tourist destination. Politicians on both sides of the spectrum condemned the violence.

By Catholic Online (NEWS CONSORTIUM)

Denied their livelihood by the cyber-taxi service Uber, which pairs up paying passengers with unlicensed drivers, cab drivers overturned cars and blocked roads in Paris. The Uber service is already illegal in France, and the French government reiterated this ... continue reading


ZOMBIE PARANOIA: Gravesites suggest that fear of reanimated dead stretches back to ancient Greece Watch

Image of The head and feet of one skeleton were covered with a

By Catholic Online (NEWS CONSORTIUM)

Modern man enjoys movies and TV shows involving the recently reanimated dead - "zombies," but in antiquity, the fear of the deceased suddenly coming back to life to wreak havoc with the living was at one time a real one. Skeletons have been unearthed and found ... continue reading


Ukraine's fragile ceasefire nearing collapse as rebels pound government positions Watch

Image of Fighters in Russian military uniforms and equipped with Russian military gear, though lacking insignias, have been spotted in Ukraine since early last year, part of a destabilizing effort to overthrow the Kiev government.

By Matt Waterson (NEWS CONSORTIUM)

The abundance of evidence that Russia is covertly and overtly assisting Ukrainian rebels in their fight against Kiev continues to grow, and now the commander of U.S. forces in Europe said that there is "clear and irrefutable evidence" that Russia is actively ... continue reading


Panicked Greeks withdraw $1 billion from banks in a single day Watch

Image of Expressing a mood of panic, and a resignation that no further help from Europe is forthcoming, Greeks withdrew over $1.1 billion dollars from their bank accounts last week.

By Catholic Online (NEWS CONSORTIUM)

Expressing a mood of panic, and a resignation that no further help from Europe is forthcoming, Greeks withdrew over $1.1 billion dollars from their bank accounts last week. This pushes the beleaguered European nation closer towards a default. LOS ANGELES, CA ... continue reading


Doctors found euthanizing patients without knowledge -- or consent in Belgium Watch

Image of Belgium became the first nation in the world in 2014 to eliminate age limits for euthanasia, allowing terminally-ill children to end their lives.

By Catholic Online (NEWS CONSORTIUM)

In the "forward-thinking" European nation of Belgium, it has been discovered that many doctors there - pun intended. - have been "jumping the gun." Raphael Cohen-Almagor, a professor of philosophy and ethics at the United Kingdom's Hull University, has ... continue reading


All Europe News

Newsletters

Newsletter Sign Up icon

Stay up to date with the latest news, information, and special offers

Daily Readings

Reading 1, Genesis 28:10-22
10 Jacob left Beersheba and set out for ... Read More

Psalm, Psalms 91:1-2, 3-4, 14-15
1 You who live in the secret place of Elyon, spend ... Read More

Gospel, Matthew 9:18-26
18 While he was speaking to them, suddenly one of the ... Read More

Saint of the Day

Saint of the Day for July 6th, 2015 Image

St. Maria Goretti
July 6: Born in Corinaldo, Ancona, Italy, on October 16 1890; her ... Read More

Inform, Inspire & Ignite Logo

Find Catholic Online on Facebook and get updates right in your live feed.

Become a fan of Catholic Online on Facebook


Follow Catholic Online on Twitter and get News and Product updates.

Follow us on Twitter