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The Sun-Drop Diamond

The Sun-Drop DiamondThe Largest known pear shaped yellow diamond, known as the Sun-Drop Diamond will be on auction in Geneva next Tuesday (15th Nov 2011) for anyone with loose change of 11 to 15 million U.S. dollars.

The Sun-Drop Diamond weighs in at a massive 110.3 carats.

A few colored diamonds have surfaced over the past few years. Only last year Sotheby’s sold a pink diamond for 46 million dollars. Called the “Graff Pink” it was the highest price ever paid at auction for a diamond and any jewel.

David Bennett, Chairman of Sotheby’s International Jewellery Division Europe and Middle East, stated. “Any diamond over 100 carats is rare, that one of this color is off the scale,”

The rough stone for “the Sun-Drop Diamond” was discovered last year in South Africa and was cut and polished by the owners after being offered for sale.

The Tuesday sale will also present a unique suite of imperial jewels, originally offered by the Ottoman Sultan Abdul Hamid II for the birth of the last Khedive of Egypt and Sudan in 1874.

These imperial jewels were also believed to have formed part of a gift from Empress Catherine I of Russia to Sultan Ahemed III to end the Siege of Pruth in 1711.

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