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Posted

Christie's auctioned the "Archduke Joseph" diamond, which weighs 76.02 carats and was mined at the legendary Indian Golkonda mine, for $21.5 million to a phone bidder, Forbes reported.

It was expected to reach between $15 and 20 million at an auction in Geneva on Nov. 13, 2012. The diamond is about the size of a quail's egg and is named after the Archduke Joseph August of Austria.

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Posted

Terrible investment.

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Posted

That is a huge gem but it's a rich man's toy. I have no need for something like that other than to sell it and use the money for something really worthwhile.

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Posted

Doesn't seem worth the money to me.

I can think of 100 other things to buy with 21 million. :laugh:

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Posted

Doesn't seem worth the money to me.

I can think of 100 other things to buy with 21 million. :laugh:

only if you just have 21 million. but if you have multiples of that.... why not.

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Posted

^ I'd rather invest the 21 million, and help a few people from the Interest. ;)

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Posted

It looks nice. I'd give you 21... dollars for it.

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