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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If the lot is withdrawn before the auction, or it fails to sell, this market resolves NO.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
![](https://firebasestorage.googleapis.com/v0/b/mantic-markets.appspot.com/o/user-images%2Fdefault%2FfO4S_0zMDM.png?alt=media&token=84356945-36e4-4eb8-8acd-96ade4f76b1e)
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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