A 110-carat yellow jewel called the Sun Drop Diamond, thought the biggest of its kind in the world, sold for a record 10 million Swiss francs ($10.9 million) at auction in Geneva, Sotheby’s announced yesterday.

“It’s an absolute record for a yellow diamond,” David Bennett of Sotheby’s told journalists after the sale at a hotel in Geneva.

Gemologists have certified the pear-shaped jewel as “Fancy Vivid Yellow”, the rarest and most desirable colour for a yellow diamond, Sotheby’s said.  The gem was discovered in South Africa last year and sold for just under the anticipated amount. Perhaps it was Jay-Z purchasing music mamma to be Beyonce a pushing present…?

by Amanda Johnstone