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Added on the 04/04/2017 22:17:18 - Copyright : Euronews EN
A giant diamond named the "Pink Star" breaks the world record for a gemstone sold at auction fetching $71.2 million in Hong Kong.
A plum-sized pink diamond is expected to fetch a record price, somewhere above $60 million, breaking the world record for a gemstone when it goes under the hammer in Hong Kong early next month.
This dazzling and breathtaking precious stone is called the Pink Star Diamond, and it may well prove to be the world's most expensive cut diamond after it goes up for auction. The natural diamond was initially mined by diamond giant De Beers in Botswana and 1999 and weighed an astounding 132.5 carats when it first came out of the ground. However, it is not even close to the largest gem quality rough diamond. That award goes to the Cullinan Diamond, which weighed over 3100 carats when first mined in 1905. Although the Pink Star is set to be the most valuable cut diamond ever sold at auction, two other diamonds still have a higher estimated value: the De Beers Centenary Diamond, with an estimated value of $100 millions and the Hope Diamond, estimated at $350 million.
The "Blue Moon" diamond sells at auction in Switzerland for a record 48.6 million Swiss francs ($48.4 million). Elly Park reports.
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