DHAKA: A ‘perfect’ white diamond which is expected to fetch a record price of up to US$35 million when it is auctioned in Hong Kong next month made its first appearance in the city on Thursday.

The egg-shaped 118.28-carat ‘Magnificent Oval Diamond’, the largest of its kind, stunned onlookers at a preview and could set a new record for the amount fetched by a white diamond at auction.

Although the official estimate is set between US$28 and $35 million, Sotheby’s says it could command more when it goes under the hammer at the auction house in Hong Kong on October 7.

The current record is US$26.74 million, reports The Straits Times.

BDST: 2007 HRS, SEPT 19, 2013
RoR/RIS