A Diamond the Size of a Ping-Pong Ball Is About to Sell for Millions
- Miner Alrosa to put 242-carat stone up for sale in March
- The biggest gems have fared best as sector starts to recover
Russian diamond giant Alrosa PJSC is putting one of its biggest-ever gem-quality stones up for auction just as the industry’s recovery builds momentum.
The 242-carat diamond, almost the size of ping pong ball, will be viewable at the company’s sales office in Dubai on March 14-21, with the auction result announced on March 22. The starting price will be a little above $2 million.