The Perfect Pear Sells Privately, Not at Auction
The highly anticipated 72.22 carat "Perfect Pear" diamond was withdrawn from the Sotheby's Hong Kong auction on April 10th after the final bid failed to reach the reserve price. Originally the stone was expected to sell for upwards of $13 million but the highest bid maxed out at only $9.4 million. That didn't seem to dampen interest, however, as within just a few hours of the auction closing the stone was sold to a private buyer for an undisclosed amount.
Experts say the bidding prices were likely lower than expected due to confusion over the exchange rate of different currencies. Hm, does that mean they got their $13 million after all? Seems like people spending that much money would have a handle on that kind of thing.
How Kidnapping Suspect Passes Time Behind Bars
Chili's Waitress Fired Over Facebook Post Insulting 'Stupid Cops'
12 Common Workout Myths Debunked
Billboard Music Awards: Worst Dressed (or Most Daring?) From Past Red Carpets
HSBC Plans 14,000 More Job Cuts
Courtney Stodden Has A Sex Tape
Forbidden America: Cold War-Era Map Shows No-Go Zones For Soviet Tourists
Man Takes Dump In Background Of Instructional Workout Video
PHOTOS: 10 Deadliest Periods In History (NEW BOOK)
Tenants: Stench of Death Makes St. Louis Complex 'Unlivable'
Famous Roadside Attractions
These American Companies Refused To Sign The Bangladesh Safety Accord
Hands-on with the Samsung Galaxy S 4 running stock Android 4.2
Taylor Swift Q and A: What Does She Splurge on in Las Vegas?
Police Investigate Student Shooting Death
Ricardo Cerezo, Facing Eviction, Finds $4.85 Million Lottery Ticket
Radio Host Makes Shocking Claim About Shooting Hillary Clinton
Teen Who Died During Her First Solo Drive May Have Been Texting
LOOK: There's Something Wrong With This Picture
Marine Reunited With Four-Legged Friend
Former OJ Attorney Gives Shocking Testimony
PHOTO: Looking Good! Chaz Bono Loses 65 Pounds
PREGNANT!
McDonald's Store Owners Fear Fast Food Chain Becoming Too Slow
Guess Which State Boasts The Most Million-Dollar Homes?
PHOTO: Rob Kardashian Takes A Hike
Waitress Surprised With HUGE Tip On Tiny Bill
Will Smith, Jaden Smith Get Photobombed
Jodi Arias' Lawyers Want Out
New Leads In Case Of Missing British Girl
Pictures Showing Pregnant Teens' Bumps Banned From Yearbook
Chef Allegedly Killed Over Noodle Dinner Gone Wrong
Reader Comments (Page 1 of 1)
Mark Knowles, Luxury Property Apr 12th 2008 6:50AM
You would think some one with $13 million to spend on a rock would know how to exchange dollars :)
http://blog.luxuryproperty.com/blog/