Trends | Posted on May 13, 2009 at 04:01am IST

Rare diamond auctioned for record $8.4million

IANS

Geneva: A rare blue diamond fetched a world record 9.3 million Swiss francs ($8.4 million) at an auction by Sotheby's in Geneva on Tuesday.

The cut and polished gem weighing 7.03 carats was sold by Cullinan Mine in South Africa to an as yet unknown telephone bidder, who will also pay a buyer's premium.

The diamond was cut from an original blue diamond of 26.58 carats and was naturally coloured and internally flawless, Sotheby's said.

(For updates you can share with your friends, follow IBNLive on Facebook, Twitter, Google+ and Pinterest)

Comments (0)

All comments will be published after moderation

Trending Searches

#Western Ghats #Andy Murray #Vladimir Putin #Bharat Ratna #Viswanathan Anand #BCCI #Kevin Pietersen #Amitabh Bachchan #Virgin Galactic #Shahrukh Khan #Chandigarh #Nitin Gadkari #Nupur Talwar #Bharat Bandh #Jagan #Naveen Patnaik #Bandh #Manmohan Singh #Andaman and Nicobar Islands
ibn apps