Pink star diamond sets world record

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A rare diamond known as the Pink Star has been sold in Hong Kong for more than $71m (NZD101m).

This price sets a new world record for any gemstone at auction.

The oval-shaped 59.6 carat stone was bought after just five minutes’ bidding at Sotheby’s.

It is the largest polished diamond in its class to go under the hammer. It was found by De Beers at a mine in Africa in 1999.

The Pink Star is the largest known diamond having been rated Vivid Pink. As a result of this exceptional rarity, the Steinmetz Group took a cautious 20 months to cut the Pink.

It was unveiled in Monaco on 29 May 2003 in a public ceremony.

23 Responses

  1. Who even has that much money a to buy
    that Dimond and still pay for food and thier family?

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