Pink diamond sells for record $46m
Geneva - A rare pink diamond has smashed the world record for a jewel sold at auction after a well-known gemstone dealer bid over $46m for the precious stone.
The price easily tops that of the blue 35.56-carat Wittelsbach-Graff diamond auctioned for $24.3m in 2008.
The 24.78 carat "fancy intense pink" diamond was sold on Tuesday for $46,158,674 by Sotheby's in Geneva.
Sotheby's says the buyer is British diamond dealer Laurence Graff.
Estimates before the sale ranged from $27 to $38m, not including buyer's commission.