For anyone with $15 million to spare, the World’s No.1 Yellow Diamond, 110-carat pear-shaped jewel known as the Sun-Drop Diamond will go to auction next Tuesday, November 15th.
The so-called Sun-Drop Diamond is described as fancy vivid yellow, the highest color grading, by gemstone experts. It is the largest known diamond of its kind, at 110.3 carats, and the buyer will have the chance to name it. The jewel is being sold by Cora International, which discovered the diamond in South Africa only last year, meaning it has no history of previous wearers.
Following a stint at the Natural History Museum in London earlier this year, the Sun-drop will be auctioned by Sotheby’s in Geneva on November 15 with a pre-sale estimate of between $11 million and $15 million.
The cut is a unique pear-shape to maximise the colour and shape of the stone. The current world record for a coloured diamond is the 24.78 carat Graff Pink that was sold by Sotheby’s in November 2010 for $46 million.