|The 59.6-carat Pink Star was sold at auction April 4 in Hong Kong and fetched $71.2 million. The Pink Star was mined by De Beers in 1999 in Botswana as a 132.5-carat rough diamond before being cut and polished.
Its considered the most valuable polished diamond ever offered at auction. The current record for a pink diamond is held by the 24.78-carat Graff Pink, which sold for $46.2 million in 2010. Sotheby’s Asia Chairwoman Patti Wong said the winning bidder was Hong Kong jeweler Chow Tai Fook|