In the pink: Diamond sets new world record

The ‘Pink Star’ diamond, which sold for €55m at a Sotheby’s auction yesterday, setting a world record.

In the pink: Diamond sets new world record

The ‘Pink Star’, a huge, flawless pink diamond, has been auctioned for 68m Swiss francs (€55.2m) in Geneva, a world record price for a gemstone.

The oval-shaped diamond, mounted on a ring, weighed in at 59.6 carats. It was bought by a man bidding in the room, who said he was buying it on behalf of an anonymous person he represented.

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