This week, a rare pink diamond was auctioned off to a private buyer for an astounding $29.5 million! This is the highest price ever paid for a pink diamond. The diamond itself is an 8.72-carat fancy vivid pink cushion-cut diamond, making it the largest pink diamond of its kind to ever be sold at an auction. It has been proclaimed by Sotheby’s as “the world’s most valuable diamond per carat ever sold at auction.” This is an incredible feat, and a reminder of the power of precious stones like diamonds and the wealth that can be obtained from them.

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source: Phys.org