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WORLD

SOTHEBY`S TO AUCTION UNIQUE DIAMOND WEIGHING OVER 50 CARATS

11.05.2010 [12:34]
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Baku, May 11 (AZERTAC). Sotheby`s will auction diamonds that once belonged to royalty - to Grand Duchess Olga of Russia, who later became Queen of Greece, Princess Marie Bonaparte, a descendant of Napoleon, Italian monarchs and style queens.

These lots are unique and rarely sold. That is why Sotheby`s expects the auction to be a success and even attract record-breaking bids.

Burmese rubies, Cashmere sapphires and Colombian emeralds will also be auctioned, but diamonds are traditionally the most expensive lots. The most valuable lot, according to experts, will be a colorless diamond of a rare size, the price of which is not given on the Sotheby`s website. The experts estimate it at no less than $7 million.

This is the biggest diamond to be auctioned so far this year. Christie`s intends to auction a similar colorless diamond in Geneva, but that one is a little smaller, at about 40 carats.

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