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Japanese Collector Snaps Up "Bargain" US$15.7m Diamond

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A 102.39-carat D Colour Flawless Oval Diamond has sold for US$15.7 million in an unprecedented single-lot live auction at Sotheby's Hong Kong, offered without reserve – a first at auction for a lot of this value, a move considered to have back-fired by some. According to Sotheby's, the bidding quickly…

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