【Hong Kong】Auction in Hong Kong: Large Diamond Fetches Over 13 Million Euros

Editor’s Note

This article reports on the recent auction of a rare diamond in Hong Kong, which fetched 121 million Hong Kong dollars. The gem was sold by a private Japanese collector.

Der wertvolle Edelstein war 2018 in Kanada entdeckt worden. | Foto: Christina Horsten/dpa
Rare Diamond Sells for 121 Million Hong Kong Dollars

HONG KONG (dpa) – A rare diamond was auctioned in Hong Kong for 121 million Hong Kong dollars, equivalent to 13.3 million euros.

Named After Daughter

The private collector from Japan, who won the bid, named the white oval diamond, weighing 102.39 carats, “Maiko Star” after his second daughter, according to the auction house Sotheby’s.

“The private collector from Japan, who won the bid, named the white oval diamond, weighing 102.39 carats, ‘Maiko Star’ after his second daughter.”
An Expensive Family Tradition

This follows an expensive family tradition: last year, the same collector purchased another valuable diamond at Sotheby’s and named it “Manami Star” after his eldest daughter. According to the auction house, the buyer placed his bid over the phone. Other bids were also made online.

Eighth of Its Kind

The diamond, discovered in a Canadian mine in 2018, was only the eighth of its kind to be auctioned worldwide. The previous seven also all fetched double-digit million-dollar amounts in US dollars – up to the equivalent of more than 25 million euros.

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⏰ Published on: October 07, 2020