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A yellow flawless diamond weighing greater than 303 carats can be auctioned with out reserve in December at Sotheby’s in New York. Whereas bids beginning at US$1 million, it may fetch within the area of US$15 million, in accordance with the public sale home’s estimates.

Often known as the Golden Canary for its wealthy brownish-yellow tone, the gemstone is among the largest diamonds, reduce and polished, on the earth, and the biggest flawless or internally flawless diamond ever graded by the Gemological Institute of America (GIA), in accordance with Sotheby’s.

The pear-shaped diamond was re-cut from the 407-carat shield-shaped diamond generally known as the “Incomparable Diamond.” The latter was in flip reduce from an 890-carat tough diamond found in a pile of rubble within the Democratic Republic of Congo within the Nineteen Eighties by a younger lady enjoying in her uncle’s backyard, which was near a diamond mine, in accordance with Sotheby’s.

The tough diamond was first unveiled to the general public in 1984 on the Smithsonian Nationwide Museum of Pure Historical past. Over the subsequent 5 years, it was reduce into 15 separate stones, and the biggest one, generally known as “The Incomparable,” went on to be displayed world wide, together with the American Museum of Pure Historical past in New York in 1997, the Muséum Nationwide d’Histoire Naturelle in Paris in 2001, and in an touring exhibition with stops within the Royal Ontario Museum and the Houston Museum of Science in 2008. 

“Steeped in historical past, the Golden Canary is among the most beautiful diamonds to ever be found, not just for its sheer dimension and depth in coloration, however for its beautiful magnificence that’s positive to captivate collectors world wide,” Quig Bruning, head of bijou for Sotheby’s America’s, mentioned in a press release.

Beforehand, Sotheby’s offered a 100-carat cushion-shaped fancy vivid yellow diamond, Graff Vivid Yellow, in Geneva in 2014 for US$16.3 million, a world public sale report for a yellow diamond. 

Coloured diamonds have been shining at Sotheby’s current auctions in Hong Kong, Geneva, and New York. In February, the public sale home offered a 555.55-carat black diamond for £3.2 million (US$4.3 million), which was additionally provided on the market with out reserve, which means the best bidder turned the brand new proprietor.

Earlier this month, Sotheby’s offered a 11.15-carat pink diamond, Williamson Pink Star, at a Hong Kong public sale for HK$453.2 million (US$57.7 million), greater than double its presale estimate. 

A bunch of eight fancy blue diamonds from De Beers and Diacore, with a mixed estimate of US$70 million, can be offered throughout a collection of gross sales at Sotheby’s this yr and all through the spring 2023.

The Golden Canary can be provided on Dec. 7 at Sotheby’s in New York. It’s presently being exhibited on the public sale home’s galleries in Dubai and can then journey to cities together with Taipei, Geneva, and Hong Kong.