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CLEAN : Diamond fetches record $30.6 million

CLEAN : Diamond fetches record $30.6 million

Assessment

Interactive Video

Business

11th - 12th Grade

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

The transcript details a series of high-profile jewelry auctions, including record-breaking sales of diamonds and necklaces. It highlights the significance of these auctions in major centers like Hong Kong, Geneva, and New York. The auctions feature rare and valuable items, with discussions on valuation, naming conventions, and the role of private collectors. Sotheby's achievements in Asia are also emphasized, showcasing its status as a leading auction house.

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5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the final sale price of the flawless diamond that set a new world record?

$212 million

$185 million

$180 million

$200 million

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which item was auctioned for $37 million?

A JW necklace

A blue round diamond

A jadeite bead necklace

A flawless diamond

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the significance of the 7.59 carat blue round diamond?

It was the largest diamond ever sold.

It was sold for $19 million.

It was a rare and highly important diamond.

It was auctioned in Geneva.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which city has emerged as a major auction center alongside Geneva and New York?

Paris

Tokyo

London

Hong Kong

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the unexpected outcome of the jadeite bead necklace auction?

It exceeded the presale estimate.

It was withdrawn from the auction.

It sold for less than expected.

It did not sell at all.

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