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55-Face Black Diamond, Largest Ever Cut, Sells for $4.3 Million In Crypto

55-Face Black Diamond, Largest Ever Cut, Sells for $4.3 Million In Crypto

NDTV
Wednesday, February 09, 2022 06:52:13 PM UTC

The 555.55 carat, 55-faced rare black diamond -- never previously shown by its unnamed owner of the past 20 years -- is believed to have been created when a meteorite or an asteroid hit Earth over 2.6 billion years ago.

"The Enigma", the world's largest known cut diamond at 555 carats, went under the hammer in London on Wednesday for 3.16 million pounds ($4.3 million, 3.8 million euros) having recently gone on display for the first time. #AuctionUpdate "The Enigma": This 555.55 carat Black Diamond sold today for £3,161,000 / $4,292,322. The buyer has opted to use cryptocurrency for the purchase. #SothebysJewelspic.twitter.com/ZuiL9SxET8

The rare black, or carbanado, diamond is believed to have been created when a meteorite or an asteroid hit Earth more than 2.6 billion years ago.

The 555.55 carat, 55-faced diamond reached 3.16 million pounds, excluding the buyer's premium, at an online sale held by London's renowned Sotheby's auction house.

Carbonados are usually found close to the Earth's surface, suggesting extraterrestrial origins.

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