Big bucks: 118-carat diamond sells for $30.6 million at auction

Credit: MGN Online

Big bucks: 118-carat diamond sells for $30.6 million at auction

October 9, 2013 Updated Oct 9, 2013 at 8:43 AM CDT

Big bucks for a big diamond. A really big diamond.

A collector reportedly paid $30.6 million for an 118-carat diamond recently. Watch the video below to find out more about this story.