Nov. 14 - The Archduke Joseph diamond fetches a world record of $21.5 million USD at auction in Switzerland. Tara Cleary reports.
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Christie's auction room in Geneva buzzed with excitement - for the sale of one of the world's most coveted diamonds.
Weighing just over 76 carats and internally flawless, the gem once belonged to Austria's Archduke Joseph August.
Bidding was heated for the stone which was unearthed from India's fabled Golconda mines.
The stone fetched a record price of $21.48 million U.S. dollars for owner Alfredo J. Molina.
SOUNDBITE: Alfredo J. Molina, vendor of the Archduke Joseph diamond from the jewelry company, Black, Starr & Frost, saying (English):
"I've had the tremendous pleasure of being the steward of that stone for the last 13 years, and it's been an honor and I can only tell you I congratulate the buyer, because they've truly acquired something that is of tremendous history and one of the most beautiful, if not the most beautiful diamond in the world"
The buyer remains anonymous - but their diamond is exceptionally conspicuous.