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Rare Pink Diamond Scores Dazzling $2.2M a Carat

$10.8M sale is miles above previous record for 'vivid pink' stone
By Harry Kimball,  Newser Staff
Posted Dec 1, 2009 11:38 AM CST
Rare Pink Diamond Scores Dazzling $2.2M a Carat
The diamond ring is shown off during a Christie's auction press preview in Hong Kong in September.   (AP Photo)

(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 that went for a measly $7.4 million. “No stone has ever been sold for $2 million a carat,” a Christie’s exec says. Yet, it’s “probably one of the rarest stones I’ve ever seen.” (Read more pink diamond stories.)

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