Rare Russian pink diamond sells for USD27 million

Geneva (AFP) – A rare pink diamond derived from the biggest raw stone of the colour ever found in Russia was sold for USD26.6 million on Wednesday at Sotheby’s in Geneva.

Dubbed The Spirit of the Rose, the 14.83-carat stone’s final sale price including commission set a world record for a purple-pink diamond. It took just a few minutes for the bids to reach CHF21 million after the marble-sized stone came up in an online auction, with the final buyer remaining anonymous.

More details on Friday’s Borneo Bulletin