Rare ‘Unique Pink’ diamond dazzles buyers with record-breaking auction sale

SWITZERLAND -- The “Unique Pink” has broken all records for any jewellery auction.

Weighing 15.38 carats, the fancy vivid pink diamond has gone under the hammer at Sotheby’s, Geneva, for a colossal 24.8 million euros.

The auction house described the rock on its website:

“In addition to receiving the highest possible colour grading for a pink diamond from the Gemological Institute of America, the “Unique Pink” has been found to be Type IIa, displaying “exceedingly pure structure.”

Cora International sold the stone, which originates from the Kimberley region of South Africa. Speaking on behalf of the manufacturer, Ehud Laniado, said:

“That diamond is very rare because of its strong hue and (the) dominant, even spread of colour on the stone. The size and purity are rare.”

An anonymous, private collector from Asia bought the stone, setting the record for the highest price ever paid for a diamond of its kind.

-- (c) Copyright Euronews 2016-05-18

In real money, that's about 19 million quid.

So perfect in every respect it almost sounds..........fake

Billion baht give or take.

Sold to an asian .... while thousands starve

Carbon © sixth most common element in the universe...not very rare.

The Oppenhiemer blue diamond sold at the same auction for almost 50% more.

Sold to an asian .... while thousands starve

So when was your last donation to fighting world hunger or humanitarian aid trip to Africa or some place then ?....bar fining number 57 doest count as humanitarian aid BTW

Sold to an asian .... while thousands starve

.............millions

Carbon © sixth most common element in the universe...not very rare.

Yeah, but not in that color and purity! That's the reason you pay considerably less for your bbq charcoal!

Carbon © sixth most common element in the universe...not very rare.

But the form of carbon crystallized in the cubic system (diamond) is extremely rare.

Carbon © sixth most common element in the universe...not very rare.

Yeah, but not in that color and purity! That's the reason you pay considerably less for your bbq charcoal!

And still I enjoy the charcoal much more.

Carbon © sixth most common element in the universe...not very rare.

Yeah, but not in that color and purity! That's the reason you pay considerably less for your bbq charcoal!

And still I enjoy the charcoal much more.

Certainly more useful that's for sure.

Even in the "diamond" crystalline form is not particularly rare...there are vaults in London that have years worth of world jewelry demand in them. The De Beers diamond cartel keeps them off the market because otherwise the price of diamonds would probably fall to the the price of a bag of charcoal briquettes.

Edited May 20, 201610 yr by OMGImInPattaya

Carbon © sixth most common element in the universe...not very rare.

Yeah, but not in that color and purity! That's the reason you pay considerably less for your bbq charcoal!

And still I enjoy the charcoal much more.

Certainly more useful that's for sure.

Even in the "diamond" crystalline form is not particularly rare...there are vaults in London that have years worth of world jewelry demand in them. The De Beers diamond cartel keeps them off the market because otherwise the price of diamonds would probably fall to the the price of a bag of charcoal briquettes.

There may be vaults of diamonds but there are literally mountains of charcoal, the prices will never be remotely the same.

DeBeers is no longer in the diamond rough and a mining business, those parts of the company were sold to Anglo American years ago. DeBeers is now in

diamond retailing and doing very well. http://www.businessinsider.com/history-of-de-beers-2011-12?op=1

I too prefer charcoal, especially if it's set on fire under a porterhouse steak, preferably one from Australia, Argentina, or the US.