Pink Diamond Sells for $83 Million

The 59.60 carat oval shape pink diamond has sold for $83 million, setting a record for any gemstone sold at auction.

Steinmetz Diamonds, Owned by Beny Steinmetz, Cut and polished the exceptional diamond, which was mined by De Beers in South Africa.

After two years marking and polishing the diamond was completed and shown to the public for the first time in Monaco in 2003.

The 59.60 diamond is fancy vivid pink, the best possible colour and purity grade for diamonds stands alone in the world.

The Diamond sold tonight in Geneva, by New York-based Sotheby’s.

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