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TexasTowelie

(112,119 posts)
Wed Apr 5, 2017, 01:01 AM Apr 2017

Follow-up: Pink diamond fetches record $71.2M in Hong Kong auction



HONG KONG (AP) — A stunning 59.6 carat diamond known as the "Pink Star" sold for $71.2 million at a Sotheby's auction Tuesday in Hong Kong, setting a new world record for any diamond or jewel, according to the auction house.

The oval mixed-cut diamond smashed the $60 million pre-sale estimate set by Sotheby's when it went on the block.

The sale comes three years after the gem was sold at an even higher price at another Sotheby's auction in Geneva. That deal later fell apart after the buyer defaulted.

The gem is the largest flawless fancy vivid pink diamond ever graded by the Gemological Institute of America.

Read more: http://www.wacotrib.com/news/business/wire/pink-diamond-fetches-record-m-in-hong-kong-auction/article_61c26192-c90d-5099-bc93-e0c52f702d4a.html
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Follow-up: Pink diamond fetches record $71.2M in Hong Kong auction (Original Post) TexasTowelie Apr 2017 OP
I think I see a leaping panther in there. roamer65 Apr 2017 #1
Pink panther MFM008 Apr 2017 #3
Too bad it was later shattered by Rose Quartz sakabatou Apr 2017 #2
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