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A 118-carat white diamond will be auctioned off by Sotheby's on Oct. 7 in Hong Kong. The gem has a presale estimate of $28 million to $35 million. The current record for a white diamond is $26.7 million. (AP Photo/Mary Altaffer)
Photo by: Mary Altaffer
A 118-carat white diamond will be auctioned off by Sotheby's on Oct. 7 in Hong Kong. The gem has a presale estimate of $28 million to $35 million. The current record for a white diamond is $26.7 million. (AP Photo/Mary Altaffer)

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