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At Sotheby Dubai, The World’s Biggest Diamond Glows

The world's biggest flawless diamond, worth $15 million, is now on display at Sotheby's in Dubai.

According to the Gemological Institute of America, the Golden Canary pear-shaped yellow diamond weighs 303.10 carats and is the biggest flawless diamond in the world. The one-of-a-kind stone is making its premiere in Dubai ahead of a global tour at Sotheby's galleries. After being on display in Dubai, it will travel to Taipei, Hong Kong, and Geneva before arriving in New York for the Sotheby's New York Magnificent Jewels sale on December 7. Sotheby's values it at around $15 million, and when it goes under the hammer, there will be no reserve price, meaning it will sell for whatever the highest price is on the day.

It's now on exhibit at the Sotheby's Dubai gallery in the DIFC. The Golden Canary joins the list of historically significant stones on display in Dubai. Sotheby's Dubai exhibited one of the world's cleanest, most saturated pink diamonds in September at the Dubai Diamond Exchange, ahead of a trip to Singapore, Taipei, and Hong Kong. The 'Williamson Pink Star,' weighing 11.15 carats, was the second biggest internally perfect fancy bright pink diamond ever sold at auction. The 'Williamson Pink Star' sold for about $57.7 million (including the auction premium) at Sotheby's Hong Kong in October.

The previous auction record of more than $5 million per carat was smashed. It is the second most costly jewel or gemstone ever sold at auction, trailing only the record-breaking CTF Pink Star, a 59.60-carat oval mixed-cut diamond that sold for $71.2 million at Sotheby's in April 2017 and still maintains the global auction record for any diamond, gemstone, or jewel.

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