A “Vivid Pink” ring auctioned for a record $10.8million

Christie’s finally found a buyer for its rare Pink Diamond! Imagine expecting $8million and getting $10.8million instead! A rare “Vivid Pink” glittering five-carat stone set between two shimmering white diamonds set in a ring owned by U.K. billionaire Laurence Graff went under the hammer at Christies last week. What makes this stone special is it rich bubblegum colored even hue, and only one in a hundred thousand is just as special as this one.

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A total of two hundred and fifty gemstones, jades and multi-hues jewelry sets from Cartier and Van Cleef and Arpels Singapore, Bangkok, Geneva and Taipei and finally reached back to Hong Kong fetching the auction house over $48 million in total.