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P.M. BRIEFING : 101-Carat Diamond Up for Sale

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From Times Wire Services

The largest internally flawless diamond to be auctioned will be put on sale in Geneva on Nov. 14.

David Bennett, director of Sotheby’s jewelry department, told a news conference today that the 101.84-carat stone could fetch about $13 million.

The pear-shaped stone is 1.43 inches long and was certified by the Gemological Institute of America as D color. In a white diamond, this is the highest possible classification, denoting a total absence of color. “It is an extremely rare feature in a diamond of this size,” Bennett said.

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It also has a purity grading known as “internally flawless,” which is important because the presence of inclusions or other natural features within a stone can impair its brilliance.

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