Auction house Sotheby’s Dubai has unveiled a diamond that’s literally from out of this world.
Sotheby’s calls the 555.55-carat black diamond — believed to have come from outer space — “The Enigma.” The rare gem was shown off on Monday to journalists as part of a tour in Dubai and Los Angeles before it is due to be auctioned off in February in London.
Sotheby’s expects the diamond to be sold for at least 5 million British pounds ($6.8 million). The auction house plans to accept cryptocurrency as a possible payment as well.
Sophie Stevens, a jewelry specialist at Sotheby’s Dubai, told The Associated Press that the number five bears an importance significance to the diamond, which has 55 facets as well.
“The shape of the diamond is based on the Middle-Eastern palm symbol of the Khamsa, which stands for strength and it stands for protection,” she said. Khamsa in Arabic means five.
“So there’s a nice theme of the number five running throughout the diamond," she added.
Stevens also said the black diamond is likely from outer space.
“With the carbonado diamonds, we believe that they were formed through extraterrestrial origins, with meteorites colliding with the Earth and either forming chemical vapor disposition or indeed coming from the meteorites themselves,” she said.
Black diamonds, also known as carbonado, are extremely rare, and are found naturally only in Brazil and Central Africa. The cosmic origin theory is based on their carbon isotopes and high hydrogen content.
With a new year upon us, what better time to finally make that resolution to get your financial house in order? Ashley Feinstein Gerstley, author of "The 30-Day Money Cleanse," joined Cheddar Wednesday with some tips for doing just that.
January is a critical month for diet-plan companies, which count on the masses of consumers who have resolved to eat better and live healthier in the new year. For Nutrisystem, which was acquired by Tivity Health last month for $1.4 billion, that presents an opportunity to bring new products to the market as consumers are primed to be thinking about their weight.
The Democratic Party establishment still have a chance to embrace the Green New Deal ー and their success in upcoming elections might just depend on it, Justice Democrats Communications Director Waleed Shahid told Cheddar on Monday.
These are the headlines you Need 2 Know for Wednesday, Jan. 2, 2019.
Netflix accounts had more than 45 million eyes glued to its newest film, "Bird Box." But that number may not cover the entire reach of the blindfold-horror movie's viewership.
Convenience has been the prime selling point for fast-food joints for decades, but new technology and a surplus of on-demand delivery options are eating away at the value proposition for companies building their business around speed and drive-thru lanes. "Delivery is really reshaping the whole landscape, and those that are early adapters are really going to benefit," said White Castle VP Jamie Richardson in an interview with Cheddar.
Facebook CEO Mark Zuckerberg's "out of touch" year-end post foreshadows a challenging 2019 for the social media giant, said Mark Douglas, CEO of digital display advertising platform SteelHouse.
2018 has been transformative for retail: Sears filed for Chapter 11 bankruptcy, Toys “R” Us shuttered its doors, and Amazon entered the U.S. into an extravagant pageant to find a base for its second HQ. As the landscape of shopping changes yet again, 2019 promises another existential moment in retail. We’re forecasting the biggest trends and predicting which fads will get the boot from consumers.
After a disappointing 2017, 2018 was a record-breaking year for the U.S. box office, as moviegoers shelled out more than $11.38 billion to see films like "Avengers: Infinity War," "Jurassic World: Fallen Kingdom," and "Mission Impossible: Fallout." But 2019 could be an even more important year for theaters.
Institutional investors changed the cryptocurrency market in 2018, veering away from their blockchain-not-bitcoin attitudes and trying out strategies for entering the new crypto asset class. Cheddar is gazing into our crystal ball to predict what's ahead for crypto in 2019.
