Sun-Drop Sells for a Record-Breaking $12.3 Million

The 110.03-carat Sun-Drop Diamond fetched $12.3 million Tuesday at Sotheby’s Sale of Magnificent Jewels in Geneva.The auction house said the price paid for what is considered to be the largest known pear-shaped fancy vivid yellow diamond in the world set a world auction record for yellow diamonds.

The previous record for a yellow diamond was achieved by “The Vivid Yellow,” a 32.77-carat