This Ridiculously Massive Diamond Ring Was Just Bought For £15 Million

Someone put a very, very large ring on it.

This 100-carat diamond has been sold for £14.8 million ($22.1 million) at an auction in New York.

Lucy Nicholson / Reuters

The flawless jewel was bought by an anonymous buyer after just three minutes of bidding at the Sotheby’s auction on Tuesday, the BBC reported.

Lisa Hubbard, of Sotheby’s International Jewelry Division, said: “This diamond is exceptional in every sense of the word, and we were thrilled to see it achieve such a strong result.”

The diamond was mined in South Africa by De Beers and it reportedly took a year for the stone to be cut and polished.

Lucy Nicholson / Reuters

Hubbard said the jewel was one of only six perfect diamonds weighing over 100 carats that have been sold at auction in the last 25 years.

The diamond was sold as part of a “Magnificent Jewels” collection yesterday.

Sotheby's said that in total, £43 million ($65 million) worth of jewels were sold at the auction.