Russia to continue buying diamonds through state fund in 2025
The Russian budget for 2025-2027 has set aside $1.55 billion for the purchase of precious metals and gems.
British auctioneer Christie’s sold a “perfect” pear-shaped colourless diamond for $26.7 million at an auction in Geneva Wednesday, reports the Associated Press.
The symmetrical flawless gem weighs 101.73 carats and is graded with the best colour, D, the best clarity, flawless, and the best purity, Type IIa.
Christie’s said the rough stone weighed 236 carats when it was extracted from the Jwaneng mine in Botswana and took
The sale established a new world record price for a gem of its sort.
Image courtesy Christie’s
