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Sunday , 22 October 2017
Breaking News

Pink Star Diamond Fetches Record $71.2 Million In Hong Kong

The Pink Star diamond was sold in Hong Kong for around $71m (£57m), setting a new world record for any gemstone at auction. The oval-shaped 59.6 carat stone was bought after just five minutes’ bidding at Sotheby’s.

Pink Star Diamond

The Pink Star is the largest polished diamond to go for auction. It was sold for $83m in Geneva in 2013 but the buyer defaulted and it had to go for auction again.

Sotheby’s said the buyer was Hong Kong jewellery retailer Chow Tai Fook Jewellery.

 

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