GENEVA- A 100-carat yellow diamond sold for 14.5 million Swiss francs ($16.3 million,11.9 million euros) at auction in Geneva on Tuesday.
The 110.09 carat diamond went unsold at first, with the bids too low, before the Sotheby’s auctioneer unexpectedly announced that the diamond was going back under the hammer, explaining that there had earlier been some confusion over the currency displayed. The sole bidder was a woman in the auction room who bought it for 14.5 million Swiss francs, which the auctioneer described as ‘a very good price’.