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 Rare pink diamond sells for record-breaking £29m

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RR Phantom

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Rare pink diamond sells for record-breaking £29m Vide
PostSubject: Rare pink diamond sells for record-breaking £29m   Rare pink diamond sells for record-breaking £29m Icon_minitimeWed Nov 17, 2010 2:25 am
One of the world's rarest diamonds has sold for a record-breaking $46 million (£29m), the highest price ever paid for a jewel.

The 24.78-carat "fancy intense pink" diamond was sold to a well-known British dealer at an auction in Geneva.

Bidding at the Sotheby's auction was said to be fierce, and the sale surpassed expectations.

Last sold by a New York jeweller 60 years ago, the gem has been kept in a private collection ever since.

The diamond had been expected to command at least £625,000 per carat.

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