Record Breaking R480 Million White Diamond Set to Dazzle at Boujee Auction: “I Expect There to Be Fireworks”

Record Breaking R480 Million White Diamond Set to Dazzle at Boujee Auction: “I Expect There to Be Fireworks”

  • A stunningly huge diamond is going on auction and has caught the eyes of the world with its unique beauty
  • The 228.31-carat diamond is estimated to sell for around R480 million and is the show-stopper of the auction
  • Many other incredibly rare and beautiful jewels and jewellery pieces will be sold at the auction in Geneva too

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A 228.31-carat diamond that is the size of a golf ball is set to go on auction in Geneva and is estimated to sell for around R480 million. What a wow!

R480 Million, White Diamond, auction, Geneva, Christies
A 228.31-carat diamond is set to go on auction and rake in over R480 million. Image: Getty Images
Source: Getty Images

The Magnificent Jewels auction at the luxury Hotel des Bergues in Geneva is set to attract the big spenders who have a taste for the finer things in life and love a one-of-a-kind piece.

ECR reported that Max Fawcett, head of the jewels department at Christie's auction house in Geneva, explained that this is the first diamond of its size and carat to go on auction.

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It is a stunning pear shape with little to no imperfection. Max described it as, "a truly exceptional pear-shaped diamond." Now that’s a statement that is sure to catch people’s attention.

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The jaw-dropping diamond was extracted from a mine in our very own South Africa back in the early 2000s. It was then displayed in Dubai, Taipei and New York ahead of the sale in Geneva to attract attention to the auction.

The huge diamond is not the only show-stopper being auctioned

The auction will also be selling a Red Cross gem, a historic intense yellow diamond which is said to sell for around R162 million. Part of the proceeds will go to the Red Cross Foundation.

There are also a bunch of other stunning pieces, such as a tiara that belonged to princess Irma of Furstenberg from 1867 to 1948. It is sure to be an exciting auction filled with many beautiful and pricey items.

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In other diamond news, Briefly News reported that it seems Mzansi's recent 'diamond rush' has its fair share of individuals hoping to get rich quick with a picture of one man and his supposed diamond making the rounds on social media. @kulanicool sarcastically captioned the post:

"KZN Billionaires."

A look at the picture reveals the gentleman may be very protective of his newfound rock, holding the object very sturdily on his shoulder. People are gathered all around the unidentified man, probably hoping to share in the treasure.

Source: Briefly News

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