The First Art Newspaper on the Net Established in 1996 United States Thursday, July 24, 2014


Winning bid for huge diamond seized in Ohio: $2.8 Million
The large yellow diamond seized in a money laundering investigation in Ohio sold for $2.8 Million. AP Photo/U.S. Marshals Service.
CLEVELAND (AP).- A huge yellow diamond known as the "Golden Eye" and seized in an Ohio money laundering investigation has been auctioned off for $2.8 million.

The winning bidder wasn't immediately disclosed. The U.S. Marshals Service says the winning bid must be checked out.

The 43.51-carat diamond belonged to a northeastern Ohio businessman who was convicted of money laundering and conspiracy. Prosecutors say he tried to sell the rock and an estate once owned by boxer Mike Tyson to an undercover FBI agent for $19.5 million and a boat.

The diamond was forfeited to the government.

The online bidding began Tuesday and there were just four bids until Thursday. Most of the 16 bids came in the final minutes Thursday and during a 15-minute overtime period.




Copyright 2011 The Associated Press.



Today's News

September 11, 2011

First major Tony Cragg exhibition in 20 years opens at the Nasher Sculpture Center in Dallas

Sotheby's Beyond Limits 2011: New works by Hirst, Quinn and Kusama at Chatsworth selling exhibition

The Morgan Library & Museum presents seventeen master drawings by Ingres

Edward Kienholz, Five Car Stud 1969-1972, revisited at the Los Angeles County Museum of Art

Major exhibition poses tough questions and reasserts Fluxus attitude

Major Southern Commissions of the 1930s-1940s at D. Wigmore Fine Art in New York

Color in Flux: Exhibition on the occasion of the 20th anniversary of the Weserburg

Prehistoric clay disks found at Noatak National Preserve in Northwestern Alaska

LACMA announces inaugural Art + Film Gala honoring Clint Eastwood and John Baldessari

Shakespeare: Staging the World exhibition announced at the British Museum

Gods, heroes & myths still speak of their ancient power at Bonhams sale of antiquities in London

First major solo exhibition of Brian McCutcheon's work opens at the Indianapolis Museum of Art

Associated Press photographer Anja Niedringhaus chronicles wars in Berlin show

Winning bid for huge diamond seized in Ohio: $2.8 Million

Previously unseen drawings and sketches by Nigel Hall at the Royal Academy of Arts

New York State Museum opens "New York Remembers" exhibition

"The Fifth Column" a group exhibition featuring works by seven international artist

Remembering 9/11 on view at International Center of Photography

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