Read the Bills Act Coalition

Thursday, April 17, 2008

Please don't tell my wife there is an unclaimed diamond floating around.....

In this the article to follow the writer actually states that the reason a 72 carat (yes 72 carats) did not go in an Asian Sotheby's auction is the declining world economy and diamond trade. How about the fact that a 72 carat diamond is, in itself, just ridiculous. From Reuters:

Global auction house Sotheby's failed to hammer off a 72.22-carat, "D" flawless white diamond at its Asian sales last week in a possible sign of weakness in the global diamond trade. ...The large diamond which had a pre-sale estimate of $10-12 million, attracted a final bid of HK$73 million ($9.24million) that fell short of the reserve price and went unsold, said Sotheby's press officer Rhonda Yung.


Please don't tell my wife there is an unclaimed diamond floating around...

Read Here: http://www.breitbart.com/detail.php?ch=BNREUTERSODD&catnum=9

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