
USA - Flawless Diamond Auctioned
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Other
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University
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Practice Problem
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Hard
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The video transcript covers an auction where two diamonds are being bid on. The first is a fancy deep blue diamond, with initial bids starting at 6,000,000. The second is a rectangular cup diamond of 69.79 carats, with bids starting at 4,000,000 and going up to 5,100,000. The auctioneer engages with bidders both in person and over the phone, highlighting the competitive nature of the auction process.
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2 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
What was the bid amount mentioned after 6,800,000?
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
What was the carat weight of the rectangular cup diamond?
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