A Gigantic Diamond Dug Up In Ontario Just Sold For $20 Million

It's 102.39 carats.

Ontario Diamond That Was Dug Up In The Province Just Sold For $20 Million

Sotheby's Sotheby's

Contributing Writer

Diamonds might be a girl's best friend, but they don't come cheap.

A flawless Ontario diamond just sold for a whopping $20.9 million in an online Hong Kong auction on Monday.

The ultra-rare rock, which is 102.39 carats, was discovered in the now-closed Victor Mine in Northern Ontario.

Editor's Choice: Ontario Driver Was Racing A Truck Down The 401 With A Guy Chilling In The Back (PHOTO)

$20.9 Millon Ontario diamond sold

Before its sale, the white diamond was boasted as being amongst the best in the world.

It was original discovered as a 271-carat rough in 2018, before being polished down to the beautiful shape it is today.

"This stunning diamond is the best of the best when it comes to exceptional white diamonds and it is difficult to overstate its rarity and beauty," said Gary Schuler, Worldwide Chairman of Jewelry.

According to a report by CTV News, diamonds are now being swept up as alternative investment opportunities during the pandemic.

A Gigantic Diamond Dug Up In Ontario Just Sold For $20 Million

Contributing Writer

Canada's housing market is set to get cheaper and 5 cities are dropping more than Toronto

A buyer's market is finally taking shape across much of Canada. 🏡

You're not a true Ontarian unless you've seen at least 5 of these 10 iconic landmarks

How many can you check off the list?

You're not a true Ontarian unless you've been to at least 5 of these 12 natural wonders

How many of these have you crossed off your Ontario bucket list?

These Ontario spots made the world's best cities ranking and beat so many destinations

One city in Ontario is Canada's highest-ranking location. 👀

This picture-perfect Toronto neighbourhood is the best spot to live in the city, locals say

Would you move here?

Canadian passport fees are going up this month and you'll pay more to get the travel document

"Fees for travel documents will be adjusted each year to align with inflation."

I moved to Toronto and discovered the worst thing about renting here (it's not the prices)

It's not for the weak!

CRA offers automatic tax filing and it could help 'put more money in your pocket'

You could be eligible for the service without even knowing it.

2 Canadian tourists have died in a bus crash in the Dominican Republic

13 other Canadians were injured in the crash.

Parks Canada is hiring for high-paying jobs with salaries up to $129K a year and $41 an hour

Some jobs are in national parks! 🏞️

BC is getting rid of time changes and the last spring forward is this weekend

The province will soon be on daylight saving time permanently.

This Ontario beach with a 40 km silky sandspit is one of Ontario's most 'underrated' getaways

It's never too early to plan a summer escape.

Gene-edited pork has been approved in Canada but labels aren't mandatory

It's the only genetically modified meat approved for sale in Canada.

Mark Carney got publicly called out by a Liberal MP for his support of Iran strikes (VIDEO)

Liberal MP Will Greaves released a video openly criticizing Carney's stance.