diamond auction

(Newser) - A dazzling 110-carat yellow diamond has fetched $12.3 million at a Sotheby's auction, a record for a diamond of its kind, and the eighth-highest price ever paid for a diamond. The gem, named the Sun-Drop, was found in South Africa last year and given the "fancy, vivid...

(Newser) - A pricey pink diamond smashed records today in Hong Kong when it sold for a glittery $2.2 million a carat—and $10.8 million overall. The 5-carat “vivid pink” wonder, which is near-perfect but not flawless, trumps the sale 15 years ago of a 19.66 carat specimen...