Pink diamond sells for $58 million at auction in Hong Kong

Pink diamond sells for $58 million at auction in Hong Kong

According to Sotheby’s, a pink diamond set a new record for the cost per carat of a diamond or gemstone when it sold at an auction in Hong Kong on Friday for $58 million.
According to Sotheby’s, the second most expensive diamond ever sold at auction, this unusual stone known as the “Williamson Rose Star” weighed 11. 15 carats and sold for 453. 2 million Hong Kong dollars, or $ 57. 7 million.

The winning buyer, who is from Boca Raton, Florida, remained anonymous, and the ultimate price was more than double the $21 million estimate.
The sought-after gem was the second-largest pink diamond ever to change hands at auction. The most expensive and rarest jewel on the market is the pink diamond.
When the CTF Pink Star was purchased for $71.2 million at an auction in Hong Kong in 2017, it broke the previous record for a pink diamond.

The CTF Pink Star and the “Williamson Stone,” a 23. 6-carat pink diamond given as a wedding present to the late Queen Elizabeth II of Britain in 1947, are two additional pink diamonds that inspired the name of the “Williamson Pink Star.”

Pink diamond fetches $58 million at Hong Kong auction

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