Global, Luxury, News

Pink Star Diamond Sold for $71 Million

Pink Star Diamond Sold for $71 Million

The giant 59.6 carat pink diamond has sold for more than $71 million at Sotheby’s setting a record for the most expensive gem ever sold at an auction. The winning bid came from a Hong Kong based jewelry retailer Chow Tai Fook.

“The giant 59.6 carat pink diamond has sold for more than $71 million at Sotheby’s setting a record for the most expensive gem.”

~ Fortune

The price has exceeded the previous record holder, the Oppenheimer Blue which sold for $58 million at Christie’s. The pink diamond is the highest grade and the purity ranks the diamond among the top 2% in the world.

Related Reports: Fortune, Telegraph

 

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