Yellow Diamond Fetches $16 Mln at Auction in Geneva

An auction in Geneva on Tuesday recorded a sale of a 100 carat yellow diamond for 14.5 million Swiss francs (16.3 million,11.9 million euros)

An auction in Geneva on Tuesday recorded a sale of a 100 carat yellow diamond for 14.5 million Swiss francs (16.3 million,11.9 million euros).

The 110.09 carat diamond went unsold at first, with the bids too low, before the Sotheby's auctioneer unexpectedly announced that the diamond was going back under the hammer, explaining that there had earlier been some confusion over the currency displayed.

Rare Orange Diamond to be Auctioned in Geneva
A beautiful and extremely rare orange diamond to be auctioned in Geneva and auctioneers believe it could fetch at least $20 million.

The sole bidder was a woman in the auction room who bought it for 14.5 million Swiss francs, which the auctioneer described as "a very good price".

The pre-sale estimate had been $15-25 million.

The Graff Vivid Diamond is one of the largest yellow diamonds in the world, it's colour is given as "daffodil yellow."

Internally Flawless $60-mn Pink Diamond for Auction in Geneva
Sotheby's showed off a 59.6-carat pink diamond that will be auctioned in the Swiss city of Geneva at a record asking price of $60 million (49 million euros) in November.

Another highlight of the Geneva spring auction season will be Wednesday's sale by Christie's of "The Blue" a spectacular 13.22 carat diamond estimated to go for $21-25 million.

Health Economics Assessment of Antimicrobial Copper Presented in Geneva
Demonstrating rapid payback on the capital investment, a unique health economics assessment of copper's role in preventing healthcare-associated infections (HCAIs) is being presented this week at the WHO's International Conference on Prevention and Infection Control (ICPIC) in Geneva.

Source-AFP