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'Pink Star' diamond sells for record $71.2 million in bidding war

'Pink Star' diamond sells for record $71.2 million in bidding war

Tuesday, April 4, 2017, 8:45 PM

A 59.60-carat pink diamond sold for a record $71.2 million in Hong Kong to local jewelers Chow Tai Fook after a five-minute bidding war between three phone bidders. The "Pink Star", the largest Internally Flawless Fancy Vivid Pink diamond ever graded by the Gemological Institute of America according to Sotheby's, set a new record for any diamond or jewel at auction.
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