The new ParentDish: helping raise kids of all ages

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The highly anticipated 72.22 carat "Perfect Pear" diamond was withdrawn from the Sotheby's Hong Kong auction on April 10th after the final bid failed to reach the reserve price.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.

Related Headlines

Reader Comments (Page 1 of 1)

Add your comments

Please keep your comments relevant to this blog entry. Email addresses are never displayed, but they are required to confirm your comments.

When you enter your name and email address, you'll be sent a link to confirm your comment, and a password. To leave another comment, just use that password.

To create a live link, simply type the URL (including http://) or email address and we will make it a live link for you. You can put up to 3 URLs in your comments. Line breaks and paragraphs are automatically converted — no need to use <p> or <br> tags.

New Users

Current Users

Categories
Apparel (554)
Art (167)
Auctions (403)
Big Givers (13)
Books (12)
Celebrity Shopping (568)
Charity (157)
Charity of the Day (89)
Children (15)
Cigars (197)
Cosmetics and Fragrance (159)
Decor (1735)
Dining (679)
Estates (2058)
Events (202)
Gadgets (930)
Garden (35)
Green (110)
Handbags (1085)
Holiday Guides (32)
Jewelry (816)
Journeys (1411)
Men's Style (17)
Pets (129)
Preferred (12)
Real Estate Developments (32)
Services (257)
Shoes (181)
Spas (227)
Spirits (442)
Sports (71)
The Classicist (4)
Timepieces (687)
Water (598)
Wheels (908)
Wine (839)
Wings (473)
Writing Instruments (146)

RESOURCES

RSS NEWSFEEDS

Powered by Blogsmith

Sponsored Links

Luxist bloggers (30 days)

#BloggerPostsCmts
1Deidre Woollard1630
2Jared Paul Stern550
3Rigel Gregg542
4Star Sutherland490
5Laura Malesich290
6Lisa Palladino150

Most Commented On (60 days)

Recent Comments

More from AOL Money & Finance

Weblogs, Inc. Network

Other Weblogs Inc. Network blogs you might be interested in: