Thursday, 6 April 2017

'Pink Star' brings $71.2 million

The 59.6-carat Pink Star was sold at auction April 4 in Hong Kong and fetched $71.2 million. The Pink Star was mined by De Beers in 1999 in Botswana as a 132.5-carat rough diamond before being cut and polished. Its considered the most valuable polished diamond ever offered at auction. The current record for a pink diamond is held by the 24.78-carat Graff Pink, which sold for $46.2 million in 2010. Sotheby’s Asia Chairwoman Patti Wong said the winning bidder was Hong Kong jeweler Chow Tai Fook
Until now, the most expensive diamond ever sold at auction was the “Oppenheimer Blue,” which fetched $57.6 million last May.