Rare diamond expected to fetch Rs 200 crore


Auction will be held for selling a rare diamond in Hong Kong and it is expected to fetch around Rs 200 crore, perhaps the most expensive jewellery piece to be sold in Asia. The 10.10 carat – “De Beers Millennium Jewel 4” is described by the auction house as the largest oval blue diamond ever to appear at auction The diamond, which is slightly larger than an almond in size, came from South Africa’s Cullinan Mine and was one of 12 displayed at London’s Millennium Dome to mark the year 2000. The previous record for a diamond sold in Hong Kong was set in 2013, with the sale of a 118-carat white diamond for $30.6 million.

Medaram Jathara

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