Pink diamond fetches $58 million at auction in Hong Kong

A pink diamond sold for $58 million at an auction in Hong Kong on Friday, setting a new record for the price per carat of a diamond or gemstone, according to Sotheby’s.

Sotheby’s explained that this rare stone called the “Williamson Rose Star”, which weighs 11.15 carats, sold for 453.2 million Hong Kong dollars, equivalent to 57.7 million US dollars, making it the second most expensive gemstone sold in the world. auction.
The identity of the winning buyer was not revealed, and he is from Boca Raton, Florida, USA. The final price was more than double the estimated price of $21 million.