Egg-sized Diamond sells for $21.5 Million

[Hum]

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.

source

[pack34]

Terrible investment.

[Growled Member]

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.

[Hum]

Doesn't seem worth the money to me.

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

[linsook]

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.

[Hum]

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

[Raa]

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