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Rare pink diamond sells for US$28.5m at Geneva auction

Thursday, November 12, 2015 - 05:50
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The pink diamond, owned by an American family for the past 15 years, is the largest cushion-shaped stone classified in the elite "fancy vivid" category to ever come to auction.

Geneva

A SPECTACULAR pink diamond, the largest of its kind to ever appear at auction, sold for US$28.5 million on Tuesday, narrowly beating auction house Christie's projection.

An unidentified bidder snatched up the 16.08-carat rare gemstone, kicking off a week of auctions that