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Pink Diamond Auctioned For $23 Million, Sets Asian Record

Hong Kong, Nov 30 :  A rare pink diamond has sold at an auction for more than $23 million in Hong Kong, making it the most expensive jewel ever sold in Asia.Auction house Christie's says

PTI [ Updated: November 30, 2010 10:30 IST ]
pink diamond auctioned for 23 million sets asian record
pink diamond auctioned for 23 million sets asian record

Hong Kong, Nov 30 :  A rare pink diamond has sold at an auction for more than $23 million in Hong Kong, making it the most expensive jewel ever sold in Asia.


Auction house Christie's says the rare 14.23 carat diamond, named The Perfect Pink, sold for $23,165,968 on Monday to an anonymous buyer after an intense bidding war with four others.

The selling price is higher than the $14 million to $19 million it was expected to fetch. It fell short of the $46 million another pink diamond measuring 24.78 carats sold for in Geneva in mid-November. That sale smashed the world record for the selling price of a jewel at auction.

Christie's says only 18 diamonds bigger than 10 carats and showing a distinct pure pink color have ever gone on the block in 244 years of auction history. AP
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