Auction house Sotheby's said Wednesday that rare and precious gemstones are generating a strong following in the Asian region. This as Sotheby's unveiled a 72-carat, flawless white diamond set to be hammered off for $10 million to $12 million in the upcoming Asian sale. Quek Chin announced that this D-color, white stone will be the third largest "pear-shaped" stone ever auctioned globally and the most expensive diamond ever sold at auction in Asia.

A rare colorless diamond found in the South African is set to be auctioned off in Hong Kong in late May. The 101. 27-carat gem, which was unveiled on Tuesday, is the largest colorless diamond to appear at auction in twenty years and will reportedly fetch no less than $6 million.

A company in South Korea has introduced diamond-encrusted credit cards for the VVIP clients. GK Power has developed the high end luxury card which is studded with 1mm by 1. 65mm diamonds into a silver rivet on a highly glossy black card.

Since moving to Murfreesboro in February, Chad Johnson has found at least 80 diamonds at Crater of Diamonds State Park. However, on Monday, the former Iowa resident nearly threw away his largest find yet; a cube-shaped, 4. 38-carat, tea-colored diamond.

Taking more than 200 hours with more than 2,500 pieces of diamonds weighing more than 100 carats, set in 300 grams of white gold, a jewelery company in China has fashioned a dream brassiere for every woman worth $1. 334 million. Named Perfect, the bra, manufactured by Royal Décor Jewellery, was put on public when it wad demonstrated by a model at the Yibai Department Store in Jinhua city, Zhejiang province.