88 Carat Flawless Diamond Fetches $13.7 Million USD

A flawless 88.22 carat diamond fetched more than $13.7 million at the Hong Kong Sale of Magnificent Jewels and Jadeite held Tuesday.

The total, which includes commissions and fees, surpassed the high estimate of $12.7 million. The D color, type Ila, oval brilliant diamond was the top lot in the sale of 2oo items.

A Japanese private collector purchased the stone and named it the “Manami Star,” after his eldest daughter.

“We were thrilled to handle a diamond of such rarity, which now takes its place in the roster of top white diamonds to have come to the market here at Sotheby’s Asia,” said Patti Wong, Sotheby’s chairman in Asia.