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White diamond

A white diamond the size of a small egg has sold for 30.6 million US dollars (£19 million) at a Hong Kong auction, although a blue diamond that was the night’s other highlight with a 19 million dollar (£11.8 million) estimate failed to sell.

Two phone bidders competed for the 118carat white diamond from Africa in six minutes of measured bidding until one dropped out in the Sotheby’s jewellery auction, part of autumn sales of art and collectibles by the firm and its rivals.

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