Yellow diamond weighing over 300 carats to be auctioned in New York — and bidding starts at €1

The Golden Canary, a 303.10 carat Fancy Deep Brownish-Yellow Diamond to be auctioned by Sotheby's in New York on Dec 7. Picture: Cedric Ribeiro

From Princess Diana to Jennifer Lopez, coloured diamonds make up some of the most recognisable engagement rings and this year, they are continuing to make history with a landmark gem, the Golden Canary, going up for auction.

Weighing a massive 303.10 carats, the Golden Canary is one of the largest polished diamonds in the world. A deep brownish yellow colour, the striking diamond was recut from its original shield shape into a classic pear shape and is brighter and more colourful than ever.