[lin_video src=http://eplayer.clipsyndicate.com/embed/player.js?aspect_ratio=3x2&auto_next=1&auto_start=0&div_id=videoplayer-1378390187&height=400&page_count=5&pf_id=9623&show_title=1&va_id=4293222&width=640&windows=2 service=syndicaster width=640 height=400 div_id=videoplayer-1378390187 type=script]
NEW YORK (NBC News) – New York auction house is showing off a 118-carat white diamond that’s the size of an egg.
The oval stone was highlighted at a Manhattan media event Wednesday. It will be auctioned in Hong Kong on Oct. 7 and has a pre-sale estimate of $28 million to $35 million.
Sotheby’s calls it the greatest white diamond to be offered at auction in terms of size, quality, polish and color.
It was discovered in 2011 as a 299-carat rough diamond in an undisclosed southern African nation.
The current record for any white diamond is $26.7 million. That pear-shaped stone was over 101 carats. It was sold at Christie’s in Geneva last spring.
The stone being auctioned next month is nearly 20 percent larger.