Donald Trump loses bid to buy rare orange diamond after buyer realises ex-President is competition

President-elect Donald Trump reportedly started haggling connected the terms of a uncommon orangish diamond - though it is unclear whether the Republican was alert of the irony of its colour

Donald Trump has been gazumped successful his pursuit of a uncommon $2 cardinal (£1.5 million) axenic orangish diamond - a gem ironically matching his celebrated Fanta complexion.

The erstwhile president had been made alert the chromatic was for merchantability adjacent to his Florida home. According to a source, Trump viewed the 1.14-carat diamond arsenic an concern and began haggling connected its price.

However, arsenic the merchantability was being discussed, different billionaire outbid the businessman, taking the gem disconnected the market. The insider told the Mirror: "The diamond was a one-off, and arsenic a result, it created a tremendous draw.

"Donald had expressed his tendency to bargain it, but erstwhile his contention recovered retired it was the erstwhile president who was interested, it's just to accidental helium sped up negotiations. He loved the information helium bought it close from nether the president-elect's nose. The orangish vibrancy of the diamond was stunning, though it's unclear if Donald was alert of the irony of its colour."

The stone, thought to beryllium mined successful Africa, is exceptionally rare. Its unsocial colour is derived from nitrogen atoms wrong its crystal structure. According to experts, the peculiar chromatic would person shown an unusually aggravated and vivid orangish - qualities that ensured its precocious value.

Last night, the UK's starring diamond authority, Neil Duttson (corr) of Duttson Rocks (Must Ref), told the Mirror that for specified a diamond to beryllium worthy $2 cardinal (£1.6 million), it would person been similar 'a Picasso'. He said:
"For a diamond of that value, you'd privation that chromatic to beryllium the apical of the histrion successful colour.

"It would person been truthful axenic that it could not person 1 imperfection. Any collector would privation the astir vivid orange, and that's highly important. A hint of immoderate different colour wrong it would plummet the price.

"To a diamond collector, specified a chromatic is similar a Picasso - a enactment of art. You are buying thing truthful uncommon that determination are precise fewer available. There are astir apt lone a fistful connected the planet. It sounds similar it was a diamond fewer could afford. Billionaire's bling that is for sure."

Despite the terms tag, the gem is inexpensive compared to the world's astir valuable. The Kohinoor Diamond, which translates to "Mountain of Light, is valued astatine £396 million. Meanwhile, the astir costly ever sold astatine auction was the Pink Star, which sold for £56.4 cardinal astatine Sotheby's Hong Kong successful 2017.