A rare black diamond, the largest ever cut, is set to go up for auction

A rare black diamond

The world’s largest known cut diamond went on public display for the first time Monday, ahead of its expected sale for $5 million.

The rare black carbonado diamond, known as the Enigma, was on display in Dubai, United Arab Emirates.

According to Sotheby’s auction house jewelry specialist Sophie Stevens, the diamond is thought to have been formed when a meteorite or an asteroid collided with the Earth more than 2.6 billion years ago.

A genuine faceted black diamond of this size is extremely unusual, and its origins are unknown. “It’s assumed to have been generated either from a meteoric impact or having emerged from a diamond-bearing asteroid that struck Earth,” Sotheby’s said in a statement.

The 555.55-carat diamond, one of the hardest substances to cut, has never been exhibited by its unknown owner in the past 20 years, yet professionals transformed it into a 55-face jewel.

Its design was inspired by the Hamsa, a palm-shaped symbol of power and protection from the Middle East that is also linked to the number five.

As per Stevens, the jewel, which holds the Guinness World Record for the largest cut diamond, is “quite distinctive,”.

The Enigma will travel to Los Angeles and London after its debut in Dubai, before a seven-day online auction begins on February 3.

According to Stevens, what Sotheby’s labeled a “cosmic wonder” might very well go to a bitcoin bidder. “For the diamond, we are accepting cryptocurrencies, as we have done for other important stones,” she explained.

The Key 10138 diamond was sold for $12.33 million in Hong Kong last year, and the price was paid in cryptocurrencies.

Also, Read

The Kerala government will begin vaccinating students in schools from January 19th: COVID-19

Increasing digital dependency is leading to an increase in cyber threats: WEF Report