Christie’s Sells Pink 34-Carat Diamond for $39M

Bloomberg reported that a 34.65-carat pink diamond was sold for $39.3million today at the Christie’s Magnificent Jewels auction.

As quoted in the market news:

The winning offer came from Francois Curiel, international head of jewelry at Christies and president of Christies Asia, bidding in the room on behalf of an anonymous client.

The gem is considered one of the four most celebrated pink diamonds in the world. It was first recorded in the holdings of the Nizam, or monarch, of Hyderabad, India, according to Christie’s.

Click here to read the full Bloomberg report.