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Pink Diamond Sells at Auction for $83 Million

The world's largest known pink diamond has sold at auction for more than $83 million in Geneva. "There is no other stone of that size and color known. No other stone,” declared David Bennett, the auctioneer for Sotheby’s. Sotheby's said Wednesday's sale of the rare 59.6-carat Pink Star diamond represents the highest price ever paid for a gemstone. The oval-shaped diamond, mounted on a ring, was bought by a man bidding in the room, who told...

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