Green diamond breaks records, selling for whopping $16m

The Aurora Green diamond was sold at the Christie's Hong Kong Magnificent Jewels auction.

The famed 5.03 carat Aurora Green diamond sold for $16.8 million on May 31, 2016, in Hong Kong.
TRT World and Agencies

The famed 5.03 carat Aurora Green diamond sold for $16.8 million on May 31, 2016, in Hong Kong.

The famed Aurora Green diamond sold for a whopping $16.8 million at an auction hosted at Christie's Hong Kong Magnificent Jewels sale on Tuesday.

The sale set two world records:

- The first time a green diamond of its size was sold at an auction.

- It holds the world record price per carat for a green diamond.

At 5.03 carats, the rectangular-cut vivid green diamond had been valued between $16 million to $20 million.

The buyer was one of the world's largest jewellery retailers, Hong Kong-based Chow Tai Fook Jewellery.

Items at the sale included coloured diamonds, coloured gems and jadeite stones.

Sales from the auction's top lots totalled over $85 million.

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