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 rocket on metal rebound and equities jump

December 01, 2025 / www.canadianminingreport.com

Silver supply shortage continues

December 01, 2025 / www.canadianminingreport.com

Several new entrants to TSXV large gold, including producer Asante

November 24, 2025 / www.canadianminingreport.com

Gold stocks down on metal decline, equity market slide

November 24, 2025 / www.canadianminingreport.com

Largest gold producers see strong Q3/25 earnings

November 17, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok