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$60 Million ‘Pink Star’ Diamond Goes Back on Sale Next Month

A 59.60-carat diamond known as "The Pink Star" is returning to auction next month and could fetch a record $60 million, three years since it was sold for even more - only for the buyer to pull out of the deal. The diamond was presented by Sotheby's in London ahead of the auction in Hong Kong on April 4. In November 2013, a Geneva auction of the stone fetched a world record $83 million but the buyer, New York-based diamond cutter Isaac Wolf, could not pay up and...

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