A ring that Kiwi auctioneers boast is their largest-ever diamond has gone under the hammer in Auckland for $210,000.
Webb's auctioneers said the 7-carat, pear-shaped diamond solitaire ring is the most valuable piece of jewellery ever auctioned in New Zealand.
The ring sold at their fine jewels, watches and luxury accessories live auction on Sunday afternoon for below the estimated value of $270,000 to $350,000, and its staggering retail value of $500,000.
Despite being the largest diamond ever to grace Webb's auction rooms and the most valuable item of jewellery ever auctioned in New Zealand, there was only one bid, which was made online.
Purchased in 1999 by the previous owner's mother in the United Kingdom, the ring has remained in the family - who still remain unknown - ever since.
With its breathtaking clarity, and timeless pear-shaped cut, it's a ring that one lucky person was able to take home with them.
