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Australia's largest diamond ring auctioned off in Sydney

by alex

Australia's largest diamond ring auctioned off in Sydney

A ring with Australia's largest diamond was auctioned in Sydney. The buyer paid a record $ 965,000 for it, according to the 9News TV channel.

The largest diamond on the Green Continent also became the most expensive gemstone ever sold in the country. The stone is square and weighs 25 carats. He went under the hammer for 1.25 million Australian dollars (965.2 thousand US dollars).

The diamond set in a wedding ring was cut in Australia from a rough diamond weighing 47.961 carats.

“The stone sold is very rare, most likely one of a kind. Its size of 25 carats is striking, and it is also a diamond of impeccable quality, ”said the head of the jewelry department of the auction house Hamish Sharma.

Note that the previous record for Australia was recorded in Sydney 19 years ago. Then at Leonard Joel's auction they sold a 17.34-carat diamond ring for 575 thousand Australian dollars (444 thousand US dollars).

Earlier it was reported that the largest diamond in the history of Russian cutting, weighing 100.94 carats, will be exhibited at the Christie's Magnificent Jewels auction on May 12. The diamond, made from a rare diamond weighing 207.29 carats, was named The Spectacle.

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