The 'Golden Eye' diamond is being auctioned off by The U.S. Marshal's Service, with bidding to start at $900,000. Photo/U.S. Marshals Service.

CLEVELAND.- A large yellow diamond. The large yellow diamond, known as the Golden Eye, was seized in a federal drug and money laundering investigation in northeast Ohio and is going on the auction block with the minimum bid to start at $900,000. The 43.51 carat diamond belonged to an Ohio businessman convicted of money laundering and conspiracy. A refundable deposit of $180,000 is required to be able to view the diamond in Cleveland the week of Aug. 29-Sept. 2 and bid on it during the auction that begins at 8 a.m. on Sept. 6 and continues until 3 p.m. Sept. 8. AP

Priceless treasure: The Golden Eye is thought to be the world's largest and most perfect yellow diamond.

The 'Golden Eye' diamond is being auctioned off by The U.S. Marshal's Service, with bidding to start at $900,000. Photo/U.S. Marshals Service.