The Siba Diamond (Image: Christie’s)

STAts

Cut: Cushion Brilliant-Cut
Colour: Fancy Yellow
Clarity: VS II
Carat: 118.05 cts
Fetched a total of USD$7’100’000 which is USD$60’000 per carat

The newly named Siba Diamond was sold last week in Switzerland. At Christie’s Magnificent Jewels Sale in Geneva.
Named in honour of Sam Abram, a champion in the diamond industry. Who died the previous week, before the auction. Acquired via Siba Corp., the company founded by Mr Abram.  He is survived by his wife, two sons and a daughter, several grandchildren, and a great-grandchild who was born a few days before his passing. (Rapaport News).