Sotheby's auction house says the 102.34-carat gem mined from Botswana "is the only known round brilliant-cut diamond over 100 carats perfect according to every critical criterion", carats, colour, clarity and cut.
Sotheby's diamond department head Patti Wong called it "over 100 carats of flawless perfection."
The diamond went on display today at Sotheby's London showroom and is being offered for private sale. It's expected to fetch a price "considerably higher" than the $33.7 million auction record for a white diamond.
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