The Bonhams auction house in Hong Kong is about to auction off a very valuable diamond ring. Link:

FINE FANCY VIVID YELLOW DIAMOND AND DIAMOND RING

Bonhams gave it an estimated value of HK$10,500,000 - HK$18,000,000, or approximately US$1,300,000 - US$2,300,000. This market resolves YES if the final sale price listed on the Bonhams website is >$2,000,000 USD.

Resolution details:

• Example from a past auction: this cartier diamond watch lists "Sold for AU$11,070 inc. premium". This is the equivalent number I will use.

• Note that this final listed sale price typically includes the buyer's premium.

• If the lot is withdrawn before the auction, or it fails to sell, this market resolves NO. It only resolves YES with a listed sale price from this auction of >$2 million.

• The sale price may be reported in HKD. If Bonhams directly reports a USD price, I will use that, otherwise I will use the Yahoo currency converter on the day I resolve the market.

Details

The rectangular-shaped fancy vivid yellow diamond weighing 25.88 carats, flanked by trapezoid step-cut diamond shoulders weighing 0.71 and 0.70 carat respectively; mounted in platinum and 18 karat yellow gold; ring size 6.

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