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Sotheby's to auction diamond embedded bike

Sotheby's Geneva is to auction a bicycle, decorated in gold leaf and embedded with a 2.03-carat round brilliant-cut Fancy Brown-Yellow diamond at the top of its steering tube.

The estimate has not been disclosed, but the opening bid in an online auction is for $67,000.

Colnago, the iconic Italian racing bike firm, has produced the one-off bike to mark the 106th Giro D'Italia, the three-week 2,142-mile road race that will end on May28.

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