A Rare Gem

by | Jan 19, 2022

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There’s a rare diamond hitting the auction block, and it’s out of this world. I’m Brian Banmiller on Business.

Next month the auction house Sotheby’s is auctioning off a 555 carat black diamond known as “The Enigma” and it’s a pretty impressive gem. It’s the largest fancy black natural color diamond in the world. In 2006 Guinness named it the largest cut diamond in the world and it’s believed to have originated from outer space. The diamond is known as a carbonado diamond, formed when a meteorite collides with earth or comes from the meteorite itself.  The extremely rare stone is on an exhibit tour. Traveling everywhere from Dubai to Los Angeles for potential buyers and anyone who likes a little bling to come check it out. Eventually it will make its way back to London where the auction will be held. The bidding is officially underway on February 3rd and it’s expected to go for around $6.8 million. And in what is becoming a new trend at the auction house, cryptocurrency will also be accepted. Let the bidding begin. Brian Banmiller, CBS News.

Brian Banmiller

About Brian

CBS News Radio national business journalist Brian Banmiller has spent more than 40 years in the news industry, covering business, politics and the economy on television, radio and in print. Currently, his “Banmiller on Business” reports are delivered to an audience of millions nationwide.

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