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Pink Legacy diamond sold for world record price
2018-11-14 10:08:15

A rare pink diamond has fetched SFr50.3 million ($50m; £38.5m) at auction, a record price per carat, the BBC reports. 

Pink Legacy, weighing in at just under 19 carats, was bought by US brand Harry Winston at auction in Geneva.

The price of around $2.6m per carat marked a world record for a pink diamond, according to the Europe head of auction house Christie's.

It had been valued at between $30-$50 million before sale, and was bought after only five minutes of bidding.

The diamond's new owners have rechristened it the Winston Pink Legacy.