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World’s Largest White Diamond Sold for over $30 Million

File photo/ iStock/Thinkstock(HONG KONG) -- The world's biggest diamond available for auction was sold Monday.

A 118.28-carat white diamond was sold in Hong Kong for about $30.6 million, or HK$238.68 million, the most paid for such a gem.

The previous record price for a white diamond was $26.7 million. The largest D-color flawless type IIA diamond was mined in South Africa in 2011.

Sotheby's didn't disclose the buyer nor the seller of the diamond sold in Hong Kong.

Copyright 2013 ABC News Radio

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