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.
Your Cheddar hosts Kristen Scholer and Tim Stenovec discuss the biggest stories in business, the market, and personal finance.
Your Cheddar host Kristen Scholer joins David Dusseault, Executive Director of Ally Invest, at the TradersEXPO in New York City. Dusseault talks about the tools Ally Invest uses to help customers navigate their investment portfolio.
Choreographer Laurieann Gibson, who has produced tours for many high-profile artists, says that stars aren't just born, they're committed to "the process" that leads to greatness. She wants to make the process "cool" again.
The Career Contessa website recently launched The Salary Project, a database to compare salaries within your industry and receive a personalized salary review service. Lauren McGoodwin, Founder and CEO of Career Contessa joins Your Cheddar to discuss why she feels salary transparency would create an equal work environment.
It's that time of year to start thinking about planning a vacation, but you better think twice before paying for it with your credit card! Leanna Haakons, Founder of Black Hawk Financial, and Author of "Young, Fun and Financially Free" joins Your Cheddar to discuss how credit card debt can impact your life and where to find vacations for a discount.
Georgia's Lieutenant Governor is calling on Delta to reinstate its relationship with the NRA. The Dow closes down 300 points. Amazon is buying smart doorbell maker Ring. Former NBA star Al Harrington is looking to become the next marijuana mogul. Cronos Group started trading on the Nasdaq Tuesday. The vertically integrated company became the first marijuana company to join a major exchange in the United States.
In the wake of the Douglas School shooting students have been leading conversations and movements around the country. Many of those students are turning towards platforms like "Islands," to start conversations and share stories.
Grubhub recently announced their $1 million dollar fund for social good causes. The first initiative is being called "RestaurantHer" and is aimed at helping promote women and female-led restaurants in an uneven industry.
Christina Wayne, CEO of Assembly Entertainment and Founder of TelevisionSchool.com joins This Changes Things to discuss her long career in the media industry and how she took the plunge and started her own company.
This Changes Things hosts Baker Machado and Hope King break down the biggest stories in business, technology, and retail. Macy's reported stronger than expected earnings, capitalizing on its real estate assets. Plus, why Amazon's Alexa may be in the doghouse for some brands.
