Pink diamond fetches $26.6 million at Sotheby’s Geneva sale ...United Arab Emirates

Geneva: An extremely rare, purple-pink diamond mined in Russia, which Sotheby’s described as “a true wonder of nature”, sold for 24.4 million Swiss francs ($26.6 million) on Wednesday, the auction house said. Sotheby’s had estimated that the flawless oval gem, “The Spirit of the Rose,” could fetch $23 millon-$38 million at the Geneva sale. Bidding opened at 16 million Swiss francs and climbed to the final hammer price of 21 million Swiss francs, plus commission. It was bought by a telephone bidder who chose to remain anonymous, Sotheby’s said. Jewellery expert Benoit Repellin, who led the sale, said it set a record for a diamond graded fancy vivid purple pink sold at auction. The stone weig

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Pink diamond fetches $26.6 million at Sotheby’s Geneva sale ...United Arab Emirates

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