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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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Stick to the Program — And Watch Your Sales Grow

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