20°C / 22°C
  • Sat
  • 24°C
  • 7°C
  • Sun
  • 25°C
  • 8°C
  • Mon
  • 26°C
  • 8°C
  • Tue
  • 26°C
  • 10°C
  • Wed
  • 26°C
  • 14°C
  • Thu
  • 26°C
  • 11°C
  • Sat
  • 20°C
  • 11°C
  • Sun
  • 16°C
  • 12°C
  • Mon
  • 15°C
  • 11°C
  • Tue
  • 15°C
  • 9°C
  • Wed
  • 14°C
  • 7°C
  • Thu
  • 15°C
  • 7°C
  • Sat
  • 25°C
  • 9°C
  • Sun
  • 25°C
  • 8°C
  • Mon
  • 27°C
  • 10°C
  • Tue
  • 27°C
  • 11°C
  • Wed
  • 28°C
  • 14°C
  • Thu
  • 29°C
  • 12°C
  • Sat
  • 25°C
  • 6°C
  • Sun
  • 26°C
  • 8°C
  • Mon
  • 27°C
  • 6°C
  • Tue
  • 27°C
  • 7°C
  • Wed
  • 28°C
  • 9°C
  • Thu
  • 29°C
  • 8°C
  • Sat
  • 25°C
  • 13°C
  • Sun
  • 28°C
  • 17°C
  • Mon
  • 22°C
  • 16°C
  • Tue
  • 22°C
  • 16°C
  • Wed
  • 20°C
  • 16°C
  • Thu
  • 21°C
  • 15°C
  • Sat
  • 25°C
  • 12°C
  • Sun
  • 20°C
  • 13°C
  • Mon
  • 16°C
  • 13°C
  • Tue
  • 16°C
  • 12°C
  • Wed
  • 15°C
  • 9°C
  • Thu
  • 16°C
  • 8°C
  • Sat
  • 23°C
  • 11°C
  • Sun
  • 18°C
  • 9°C
  • Mon
  • 13°C
  • 9°C
  • Tue
  • 13°C
  • 6°C
  • Wed
  • 13°C
  • 4°C
  • Thu
  • 13°C
  • 3°C
  • Sat
  • 21°C
  • 13°C
  • Sun
  • 16°C
  • 11°C
  • Mon
  • 13°C
  • 10°C
  • Tue
  • 12°C
  • 8°C
  • Wed
  • 12°C
  • 7°C
  • Thu
  • 13°C
  • 7°C
  • Sat
  • 26°C
  • 10°C
  • Sun
  • 26°C
  • 9°C
  • Mon
  • 28°C
  • 9°C
  • Tue
  • 28°C
  • 10°C
  • Wed
  • 29°C
  • 10°C
  • Thu
  • 31°C
  • 10°C
  • Sat
  • 24°C
  • 6°C
  • Sun
  • 25°C
  • 8°C
  • Mon
  • 25°C
  • 9°C
  • Tue
  • 25°C
  • 7°C
  • Wed
  • 24°C
  • 9°C
  • Thu
  • 23°C
  • 5°C
  • Sat
  • 26°C
  • 8°C
  • Sun
  • 29°C
  • 6°C
  • Mon
  • 28°C
  • 7°C
  • Tue
  • 31°C
  • 9°C
  • Wed
  • 28°C
  • 11°C
  • Thu
  • 27°C
  • 12°C
  • Sat
  • 26°C
  • 12°C
  • Sun
  • 19°C
  • 12°C
  • Mon
  • 14°C
  • 10°C
  • Tue
  • 15°C
  • 9°C
  • Wed
  • 14°C
  • 6°C
  • Thu
  • 15°C
  • 5°C

'Pink Star' diamond sells for world record

Sotheby’s is still calculating the final price, which will include the buyer’s premium.

A Rio Tinto 1.32 carat square radiant pink diamond known as the Argyle Siren, which could easily fetch over $1 million, is seen in Hong Kong. Picture: AFP.

GENEVA - The 'Pink Star', a huge flawless pink diamond, was auctioned for 68 million Swiss francs in Geneva on Wednesday, a world record price for a gemstone, Sotheby's said.

The oval-shaped diamond, mounted on a ring, weighed in at 59.60 carats. It was bought by a man bidding in the room, who said that he was buying it on behalf of an anonymous person whom he represented.

"Ladies and gentlemen, 68 million is the world record bid for a diamond ever bid and it's right here," Sotheby's David Bennett said to applause as he brought down the hammer in the Geneva salesroom.

Sotheby's said it was still calculating the final price, which will include the buyer's premium.

It was the star lot at Sotheby's semi-annual jewellery sale in Geneva, held in a heavily-guarded hotel showroom, which followed strong Hong Kong auctions last month.

The previous record was held by the 'Graff Pink', a 24.78 carat fancy intense pink diamond bought by Laurence Graff, the London-based jeweller known as 'The King of Diamonds', in 2010 for 45.44 million Swiss francs.

Comments

EWN welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

- Racism (including offensive comments based on ethnicity and nationality)
- Sexism
- Homophobia
- Religious intolerance
- Cyber bullying
- Hate speech
- Derogatory language
- Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the EWN community a safe and welcoming space for all.

EWN reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

EWN is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

comments powered by Disqus