Pink star diamond sells for record 71 2 million at auction

That's exciting news! The Pink Star diamond, a 59.6-carat oval-cut diamond, has sold for a record-breaking $71.2 million at auction. This is the highest price ever paid for a diamond at auction, surpassing the previous record of $63.3 million set by the Oppenheimer Blue diamond in 2016.

The Pink Star diamond is considered one of the most valuable and rare diamonds in the world. It was mined by De Beers in 1999 and has been certified by the Gemological Institute of America (GIA) as a Type IIa diamond, which means it has no inclusions or imperfections.

The diamond was sold at Sotheby's Hong Kong auction house on April 4, 2017, to Hong Kong jeweler Chow Tai Fook. The buyer's premium was not included in the final sale price.

The Pink Star diamond is a true marvel of nature, with its vibrant pink color and exceptional clarity. It's a testament to the beauty and rarity of diamonds, and its sale has set a new benchmark for the diamond market.

Here are some interesting facts about the Pink Star diamond:

• The Pink Star diamond is one of the largest and most valuable diamonds ever sold at auction.
• It has a vivid pink color, which is extremely rare in diamonds.
• The diamond is certified by the GIA as a Type IIa diamond, which means it has no inclusions or imperfections.
• The Pink Star diamond was mined by De Beers in 1999 and has been owned by several collectors and dealers over the years.
• The diamond was sold at auction for the first time in 2013, when it was sold for $83 million. However, the sale was later disputed, and the diamond was re-auctioned in 2017.

Overall, the sale of the Pink Star diamond is a significant event in the world of diamonds and luxury goods, and it's a testament to the enduring appeal of rare and valuable diamonds.