Diamond News

This Massive Bright Pink Diamond Just Sold For More Than $70 Million

If diamonds are a girl’s best ...

This Massive Bright Pink Diamond Just Sold For More Than $70 Million If diamonds are a girl’s best ...

World Diamond News
This Massive Bright Pink Diamond Just Sold For More Than $70 Million

If diamonds are a girl’s best friend, this one’s basically family

The Pink Star diamond is one of the world’s largest and most flawless diamonds to ever go to auction, and it sure brought in a pretty penny.

Sotheby’s sold the rare 59.6-carat piece Tuesday at an auction in Hong Kong for $71.2 million to a jewelry retailer Cho Tai Fook, according to Sotheby’s Twitter account.

The Pink Star is an internally flawless fancy vivid pink diamond that was mined in South Africa by De Beers in 1999. Cutting and polishing the diamond was a process that took two years, and then later graded by the Gemological Institute of America. GIA is a public non-profit institute that researches gems and sets quality standards.

http://huff.to/2oEErKn

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