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Pink diamond will be most valuable ever auctioned

Saturday, November 02, 2013 - 00:40

Nov. 2 - Estimated to be worth more than $60 million, ''The Pink Star'' will be auctioned by Sotheby's on November 13. Jillian Kitchener reports.

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"The Pink Star" is the most valuable diamond ever to be auctioned. This 59.6 carat diamond is estimated to be worth more than $60 million, and is now on display at Sotheby's in New York. SOUNDBITE: CHAIRMAN OF SOTHEBY'S INTERNATIONAL JEWELLRY DIVISION FOR EUROPE & THE MIDDLE EAST, DAVID BENNETT SAYING: "It's also the largest fancy vivid pink diamond known. It's internally flawless and also Type IIa; this very rare sub-group of optically and chemically the purest of all diamonds." According to Sotheby's, "The Pink Star" was cut and polished from a 132.5 carat rough diamond mined somewhere in Africa in 1999. It will be up for auction on November 13th in Geneva.

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Pink diamond will be most valuable ever auctioned

Saturday, November 02, 2013 - 00:40