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Briolette diamond sets $13.9 million auction record in Hong Kong

Published on May 29, 2013 6:21 AM
 
Hong Kong-based model and actress Lynn Xiong poses as she wears a 75.36 carats briolette diamond during a Christie's preview in Hong Kong on May 7, 2013. The biggest briolette-style diamond ever to appear at auction set an US$11 million (S$13.9 million) record when it sold to an anonymous Asian buyer in Hong Kong on Tuesday, auctioneer Christie's said. -- FILE PHOTO: REUTERS

HONG KONG (REUTERS) - The biggest briolette-style diamond ever to appear at auction set an US$11 million (S$13.9 million) record when it sold to an anonymous Asian buyer in Hong Kong on Tuesday, auctioneer Christie's said.

The 75.36-carat briolette - a gem cut into a three-dimensional waterdrop shape - is suspended on a chain of diamonds. Although it fell short of a top pre-sale estimate of US$12.5 million, it beat the US$10.8 million record set by a 10.48-carat fancy deep blue briolette sold by Sotheby's last year.

The Type IIa diamond - similar to the Koh-i-Noor diamond set into British Queen Elizabeth's crown - is exceptionally rare, according to Christie's jewellery specialist Chiang Shiu-Fung.

"Briolette is so special because we have to find a piece of rough that is big enough to cut (into) a briolette style,"Chiang said.

 
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