The diamond weighing over 20 carats became the most expensive diamond ever sold at auction in Australia, it was bought for $ 1.2 million, according to the Leonard Joel auction house. The 20.05-carat H-VVS2 emerald-cut diamond that adorns the ring surpassed its preliminary maximum value of $ 1.1 million at Important Jewels in Sydney.

Leonard Joel holds record for selling four most expensive diamonds at auction in Australia.  In April, the company sold a 25.02-carat diamond ring for $ 801,569. At the same time, a 9.67-carat fancy pink diamond ring from the Argyle mine sold for $ 516,567 and a 17.34-carat diamond ring. carat brought in $ 409,691.