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    Golconda Diamond Sells for Nearly $11 Million

    Posted on December 12th, 2013 by Joe G

    The New York Magnificent Jewels auctions from April, October and the most recent in December brought in almost $193.9 million altogether.

    The final 495-lot auction last Wednesday, December 4, ended with the sale of an internally flawless diamond from the Golconda mine in India for $10.9 million.

    The Golconda mines are known for diamonds of a certain color and degree of transparency that are rarely seen elsewhere.

    In addition to the 52.58-carat, D-color Golconda diamond, the “Property of an Elegant Lady” collection of Leviev diamond jewelry sold for $10.2 million. The most expensive piece in the collection was a 26.72-carat D-color diamond, which sold for $4.3 million.

    Looks like someone is getting some really great holiday gifts this year!


    Courtesy of Forbes

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