Pink diamond sells for record $46M at auction
GENEVA (AP) - A rare pink diamond has smashed the world record
for a jewel sold at auction after a well-known gemstone dealer bid
over $46 million for the precious stone.
The price easily tops that of the blue 35.56-carat
Wittelsbach-Graff diamond auctioned for $24.3 million in 2008.
The 24.78 carat "fancy intense pink" diamond was sold Tuesday
for $46,158,674 by Sotheby's in Geneva.
Sotheby's says the buyer is British diamond dealer Laurence
Estimates before the sale ranged from $27 to $38 million, not
including buyer's commission.
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