Sharjah24 – Reuters: "The Sakura Diamond," a 15.81-carat fancy vivid purple-pink diamond ring set a world auction record price for a diamond with this rare colour combination, fetching more than $29.2 million U.S. dollars (195 million Hong Kong dollars) on Sunday (May 23).
The ring was sold by Christie's Hong Kong. Bidding opened at $22 million and climbed to the final hammer price of $29.2 million, plus commission. It was bought by a telephone bidder.
'Sakura' is the Japanese word for cherry blossoms that bloom for a very short period at the beginning of spring.
The previous price record for a purple-pink diamond is held by "The Spirit of the Rose". The 14.83-carat stone sold at auction for more than $26.6 million at Sotheby's Geneva in November 2020.
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