'Pink Star' 59.6 Carat Diamond Sold for Record US$83 Million | SENATUS

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'Pink Star' 59.6 Carat Diamond Sold for Record US$83 Million
By SENATUS News | 14 November 2013

A 59.6 carat diamond known as the "Pink Star" was auctioned in Geneva on Wednesday for US$83 million setting a world record for a gemstone. Mr David Bennett, chairman of Sotheby's jewellery division in Europe and the Middle East, brought down the hammer in a Geneva hotel after an intense, five-minute bidding race.

The bidding in Geneva was conducted in Swiss francs, starting at 48 million (S$65 million) and working its way upwards million-by-million.

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