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World's largest yellow diamond for sale

Thursday, November 10, 2011 - 01:07

Nov. 10 - Sotheby's to sell the world's largest pear-shaped fancy vivid yellow diamond. The asking price is between $11-15 million. Elly Park reports.

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The world's largest yellow diamond is going on sale at Sotheby's in Switzerland. The pear-shaped fancy vivid yellow diamond is named Sun-Drop, and weighs 110 carats. The stone has a whopping price tag and is expected to fetch between 11 and 15 million US dollars, but David Bennett of Sotheby's says he will have no problem selling it. SOUNDBITE: David Bennett, co-chairman of Sotheby's in Switzerland, saying (English) "This time last year in Geneva, we sold a diamond for 46 million dollars, so there are buyers for important very rare colored diamonds, and this is one of them." Sun Drop was discovered last year in South Africa. Diamonds weighing over 100 carats are extremely rare, and it is yellow color making it extra special. Sun Drop is scheduled to go under the hammer on November 15th. Elly Park, Reuters.

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World's largest yellow diamond for sale

Thursday, November 10, 2011 - 01:07

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