102-carat Perfect Diamond Sold For $16 Million At Sotheby’s Online Auction

A rare 102.39-carat D Color Flawless Oval Diamond, as “the size of a lollipop,” sold for a record price in an online Sotheby’s auction on Monday to an anonymous buyer for $15.7 million, in what experts say is a “bargain”.
This 102-carat white diamond mined in Northern Ontario two years ago went to a telephone bidder in Japan, a private collector who quickly called the stone “Maiko Star” after one of his daughters. This same collector purchased a diamond from Sotheby’s last year, naming it “Manami Star” after his eldest daughter.

102-carat Perfect Diamond

Only seven other diamonds larger than 100 carats and of the same quality have gone under the hammer.
The stone did not have a reserve price – a minimum price that the seller is willing to accept for an item.
It is the first time in history that a diamond has sold at auction this way.

102-carat Perfect Diamond