'Pink Star' Diamond Sells For $71 Million, Smashing Auction Record
The chairman of Hong Kong-based jewelry company Chow Tai Fook placed the winning bid over the phone to Sotheby's in Hong Kong. He renamed the jewel "CTF PINK STAR" in honor of his late father.
by Merrit Kennedy
Apr 05, 2017
1 minute
A huge, internally flawless, 59.60-carat diamond called the "Pink Star" went for a whopping $71.2 in Hong Kong — the highest price ever for a jewel.
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