Sold Unseen: Record $2.5m Paid for Online Diamond
A huge 21.01-carat diamond has sold online for $2.5m, setting a new world record.
The D / IF gem, set in a platinum engagement ring, was bought by a 59-year-old businessman after viewing it online.
He had it delivered by an armed security to a hotel in Montana, USA, and promptly proposed to his partner. She accepted.
Don Palmieri, founder and president of GCAL (Gem Certification & Assurance Lab), in New York, which appraised the diamond, said: “I believe it might have sold for nearly $1 million more at a high-end jeweler.
“This is an enormous sale that would normally take place in person.”
The record for an online diamond sale was held previously by a 28.86-carat D / VVS1 stone, which sold for $2.1m in a Christie’s Jewels Online sale in June 2020.
Pic courtesy GCAL.
Credit: IDEX John Jeffay
Posted by: SGDX Singapore Diamond Exchange
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