Sotheby’s auction house will auction one the world’s largest yellow diamonds next month, expecting to achieve a $25 million sale. The 100.09 carat diamond is called the Graff Vivid Yellow and is one of the world’s largest cut diamonds of any color mounted as a ring. The asking price for the gem is between $15 million and $25 million. But recent trends in colored diamond auctioning indicate it could fetch even much more than that.
The world’s largest orange diamond went under the hammer last November at Christie’s in Geneva, and fetched $35.5 million compared to the initial $20 million asking price. The next day at a Sotheby’s auction the world’s largest pink diamond known as the Pink Star fetched $23 million more than the initial asking price, eventually selling for $83 million. Amongst other diamonds going on sale next month’s auction, is the 31.34 carat D colored white stone called the Victory Diamond, expecting to sell for $8 million.