The Pink Star diamond sets new auction record

The world’s largest pink diamond, the Pink Star, has sold for a record $71.2m in Hong Kong today.

Pink diamond Sothebys

It beat the previous diamond record, set at $57.5m for the Oppenheimer Blue last year, by 21.7%.

At 59.6 carats the Pink Star is the biggest internally flawless fancy vivid pink diamond in the world. It was discovered in a De Beers owned mine in South Africa in 1999.

The new owner is Hong Kong conglomerate Chow Tai Fook Enterprises.

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