Diamond Records $14.1 MM at Christie's Auction

The pillow-sized white diamond fetched $14.1 million at Christie's in Geneva, Switzerland.

The unique diamond of the proceeds will be donated to the International Committee of the Red Cross, headquartered in Geneva, at a time when war is once again stalking the European continent.

Christie's Auction announced that a historic intense yellow diamond dates back to 1901 associated for more than a century with the Red Cross.

The Red Cross Diamond, a cushion-shaped, 205.07-carat canary yellow jewel, was sold in the United Kingdom in 1918 for EGP 10000 ( Nearly $732000 nowadays) including the buyer's premium – well below its price that reached 1,8 million francs in the auction that took place in 1973.

Contributed by Ahmed Emam