Diamond Sells for Record $71 Million
By John Belaska
April 5, 2017
The Pink Star diamond is the most expensive jewel ever sold at auction. The giant pink diamond got more than $71,000,000 at Sotheby's in Hong Kong Tuesday. The nearly 60 carat gem was the largest polished diamond ever to go on the auction block.
The Pink Star sold for a record $83,000,000 at an auction in Geneva in 2013, but the buyer defaulted on the deal. The new owner phoned in his winning bid.
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