Bidding for 303-ct Yellow Diamond to Start at $1

By John Jeffay / October 19, 2022 / www.idexonline.com / Article Link

(IDEX Online) - The world's largest internally flawless diamond, a 303.1-carat fancy deep brownish-yellow stone, is to be sold without reserve at Sotheby's New York.

Bidding for the Golden Canary Diamond will start at just $1 on 7 December -  a deliberate move by the auction house to provoke fierce bidding - but is expected to reach its high estimate of $15m.

It has been re-cut from the shield-shaped 407-carat Incomparable Diamond into a more traditional pear shape.

The original rough gem - an 890-carat monster - had been discarded as rubble by miners in the Democratic Republic of Congo (formerly Zaire) in the 1980s and was "rescued" by a young girl playing with her friends.

"Steeped in history, The Golden Canary is one of the most exquisite diamonds to ever be discovered, not only for its sheer size and intensity in color but for its stunning beauty that is sure to captivate collectors around the world," said Quig Bruning, head of jewelry for Sotheby's Americas.

Recent News

Gold stocks down as markets continue to new highs

July 21, 2025 / www.canadianminingreport.com

TSXV Top 20 Gold market cap shifts away from exploration

July 21, 2025 / www.canadianminingreport.com

Many new players enter TSXV gold Top 25 by market cap

July 14, 2025 / www.canadianminingreport.com

Gold stocks mixed on moderate metal gain, flat equities

July 14, 2025 / www.canadianminingreport.com

Gold stocks lead the large cap miners by far over H1/25

July 07, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok