43.5-carat Yellow Diamond Seized

Published on 15/08/11

One of the largest yellow diamonds in the world will be up for auction in early September in Cleveland.

And for just more than $1 million, it could potentially be yours, if you have the required $180,000 deposit just to bid. The minimum bid once the auction starts is $900,000.

The diamond, a 43.5-carat yellow canary diamond nicknamed “Golden Eye.” It is about 1 inch wide, and was seized by the U.S. marshals in a 2006 money laundering sting involving Stark County businessmen Paul Monea and Mickey Miller, according to Cleveland Deputy U.S. Marshal Ryan Helfrich.