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Thanks to Rare Pink Diamond That Fetched $32M, Sotheby’s Breaks Jewelry Sale World Record

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The auction house raked in more than $175 million in total.

A pear-shaped pink diamond called “Unique Pink” sold for $31.6 million on Tuesday at Sotheby’s Geneva auction, pushing total sales for the auction to $175.2 million, a world record for any jewelry sale, Rapaport writes. The article says that the previous record was $160.9 million, also set by Sotheby’s in an equivalent auction in May of last year. Tipping the scales at 15.38 carats, “Unique Pink” was sold to an Asian private buyer for $2.1 million per carat. Sotheby’s had estimated it would sell for between $28 million and $38 million.

See the diamond at Rapaport

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Wilkerson Takes the Worry Out of Closing

MSG Jewelers has always treated its customers like family. When owner Mike George decided to retire and close the doors of his St. Louis, Missouri jewelry store, he selected a company to manage his going-out-of-business sale that treats its customers like family, too. That’s why he chose Wilkerson. “Wilkerson was able to do all the things that we needed,” says George. In the end, the bittersweet store closing was so much easier with Wilkerson at the helm. From marketing to pricing to inventory, Wilkerson does it all. “It’s a package deal,” says George.

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