Vivid yellow 33-carat diamond sold for $6.5mn

NEW YORK: A vivid yellow diamond weighing 32.77 carats which sold for $6.5 million to an anonymous bidder was the highlight of Christie's Magnificent Jewels sale in New York on Wednesday,19 October 2011

The sale raised $46,599,650, and was 83 percent sold by lot and 93 percent by value, the auctioneer said.

"Despite recent volatility in the financial markets, the jewelry world continues to hold strong with active participation from top private collectors and members of the trade for superb gems and jewels," said Rahul Kadakia, Head of Jewelry at Christie's New York.