Pink diamond auctioned for $23 mn, sets Asian record | world | Hindustan Times
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Pink diamond auctioned for $23 mn, sets Asian record

world Updated: Nov 30, 2010 09:27 IST

AP
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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.

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