'Perfect' white diamond unveiled in Hong Kong
HONG KONG (AFP) - A "perfect" white diamond which is expected to fetch a record price of up to US$35 million (S$44.2 million) when it is auctioned in Hong Kong next month made its first appearance in the city on Thursday.
The egg-shaped 118.28-carat "Magnificent Oval Diamond" - the largest of its kind - stunned onlookers at a preview and could set a new record for the amount fetched by a white diamond at auction.
Although the official estimate is set between US$28 and $35 million, Sotheby's says it could command more when it goes under the hammer at the auction house in Hong Kong on October 7.
The current record is US$26.74 million.