Tuesday, 16 November 2010

And the pink diamond goes for...$45 million!

Record price ever paid for a diamond at an auction!. We were anticipating the high end of the estimate band but it has ended up being short by $10 million!. Clearly there is no recession for the best quality and unique pieces. The stone weights c. 25 carat, so the value per carat (and we know this is in no way the correct approach to value such a piece) has almost reached $2 million per carat, another record in itself!.