World’s rarest hit the block: orange carats, trifola d’Alba
A spectacular and rare orange diamond, the largest known gem of its kind, was on Tuesday auctioned for a record $35.54 million in Geneva. “It’s a world record price for an orange diamond, it’s a world record price per carat for any coloured diamond,” the Christie’s auction house said of the sale. The price works out at USD 2.4 million per carat, beating the previous record of USD 2.15 million for the Vivid Pink Diamond sold in Hong Kong in 2009. The man who made the purchase swiftly got up and left the room to a round of applause. Christie’s did not reveal his identity. The deep orange gemstone, found […]
$60 for $31K street art in Central Park
World-famous British street artist Banksy flogged original canvases for just $60 in Central Park over the weekend as part of a month-long residency in New York. While his work can sell for hundreds of thousands of dollars, his website announced that minimal interest and sluggish sales resulted in takings of just $420. The stall was set up on day 13 of his pop-up exhibition in New York, announced each day on the website www.banksyny.com and posted to his instagram account. The England-based graffiti maestro, who has never been formally identified, has promised to unveil a new piece of art on each day of the month somewhere in the city. Banksy […]