PriceScope
Fri, 09 Sep 2011

Golden Eye Diamond Sells for $2.8 Million

H1: 
Golden Eye Diamond Sells for $2.8 Million
Summary/Teaser: 
Category: 
Jewelry Auction News

By Erika W.

The Golden Eye, a 43.51 carat fancy intense yellow diamond sold for $2.84 million on Bid4Assets.com. The diamond was projected to fetch anywhere between $3-20 million with an opening bid of $900,000. $2.84 million is not too shabby for an online purchase of a diamond formerly owned by a convicted money launderer. (The U.S. Marshals Service seized the stone from Paul Monea, an Ohio businessman convicted of money laundering and conspiracy in 2007.)

The buyer is a home builder who "said he lived frugally and invested well. He said he has bought and sold diamonds, gold and silver in the past, though nothing of this magnitude." Read more at: Guess who bought the Golden Eye diamond?



The Golden Eye measures 25.65mm long by 18.06 mm wide with a depth of 10.78 mm.


Related Topics:

32.77 carat Fancy Vivid Yellow Diamond to be Auctioned at Christie's

Meet the Cora Sun-Drop, a 110 Carat Yellow Diamond

Show off your colored diamonds!

Tiffany Yellow Diamonds



Сategory:  Jewelry Auction News