bayoubear![[Admin]](http://www.hubdub.com/images/icon_admin.gif "This user is an admin"){kind=icon}
How much will the 101.27 carat diamond be sold for at the Christie's May 28, 2008 auction?
http://www.bloomberg.com/apps/news?pid=20601088&sid=aWgfQnQV0rVA&refer=home
$6.2m
Background:
The gem, which is internally flawless but rated VVS1 for clarity is expected to fetch upwards of $6 million, which is a relatively low per-carat price.
This auction may provide some insight as to the possibility of a weakening market for top diamonds due to the weakening world economy.
Settlement details:
As reported by a major mainstream news source.
Settled
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Diamond fetches less than $6.0 million |
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Diamond fetches between $6.0 million and $6.499million |
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Diamond fetches between $6.5 million and $6.999 million |
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Diamond fetches between $7.0 million and $7.499 million |
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Diamond fetches between $7.5 million and $7.99 million |
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Diamond fetches $8 million or more |
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Diamond does not sell at the auction for any reason |
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Suspend date: Wed 28th May 12:59am PDT Settlement date: Wed 28th May 1:43pm PDTPrediction cut-off: Predictions on this question after Wed 28th May 12:59am PDT have been voided because they were made after the question could be settled
Initial likelihoods: Diamond fetches less than $6.0 million: 10%, Diamond fetches between $6.0 million and $6.499million: 15%, Diamond fetches between $6.5 million and $6.999 million: 18%, Diamond fetches between $7.0 million and $7.499 million: 17%, Diamond fetches between $7.5 million and $7.99 million: 15%, Diamond fetches $8 million or more: 10%, Diamond does not sell at the auction for any reason: 15%
Action history:
bayoubear 
andrew: http://www.bloomberg.com/apps/news?pid=20601088&sid=aWgfQnQV0rVA&refer=home
$6.2m
Suspend date: Wed 28th May 12:59am PDT Settlement date: Wed 28th May 1:43pm PDTPrediction cut-off: Predictions on this question after Wed 28th May 12:59am PDT have been voided because they were made after the question could be settled
more info...
Get widget!Predictions (42)
42 predictions
valornhonor![[Power User]](http://www.hubdub.com/images/icon_superuser.gif "This user is a super user"){kind=icon}
predicted Diamond fetches $8 million or more (H$75 at 15%)
caveman1144 predicted Diamond fetches between $6.0 million and $6.499million (H$20 at 13%)
lghtning44 predicted Diamond fetches between $7.0 million and $7.499 million (H$20 at 30%)lghtning44 predicted Diamond fetches between $7.5 million and $7.99 million (H$20 at 10%)
kasulked
jchiavelli
philm
roxana
tankman
bout3fittyComments (2)
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