It was 132.5 carats in the rough when it was mined by De Beers in South Africa in 1999, according to Sotheby's.
The Pink Star, weighing 59.60 carats, is the largest polished diamond ever to go on the auction block. The diamond's actual value - its "hammer price", in auctioneering lingo - was $63 million, and the remaining $8.2 million was the buyer's premium to cover auction house expenses.
The auction is a world record for the price that this diamond has been sold as never a gem has been sold at so much high price.
Sindhu, Marin set up Rio rematch in India Open final
This was Sindhu's second Super Series title after the China Open previous year where she defeated Sun Yu of China in the final. Sindhu began the match with a balanced approach of aggression and calmness which reflected in her smashes and drop shots.
Chow Tai Fook, founded in 1929, is the world's largest jeweler, operating more than 2,000 jewelry and watch stores throughout China. To that end, they purchased Boston diamond seller Hearts on Fire for $150 million in 2014. The Pink Star has been renamed "The CTF Pink" in memory of the late Dr. Cheng Yu-Tung, father of the current chairman and founder of Chow Tai Fook, and commemorates the esteemed brand's 88 anniversary.
The auction house was then forced to buy the diamond itself because had guaranteed a $60 million sale price.
The fancy pink color of the stone makes it the highest grade diamond, and its purity and flawless cut put it in the top 2 percent of all diamonds in the world, Fortune said.
Denver weather forecast for today, April 1: Ugh, snow probably
The forecast will change over the next day as I get more information about the thermal profile of the atmosphere during the storm. Snow will also make an appearance in much of Wyoming, the Wasatch Range in Utah and in northern Arizona, including Flagstaff.
The diamond was first unveiled to the public in May 2003 as the "Steinmetz Pink", and was modeled by Danish model Helena Christensen at a dedicated event thrown to coincide with the Monaco Grand Prix.
Verizon is acquiring Yahoo's assets under a $4.48bn transaction, which is expected to be completed by the end of June this year. As Armstrong pointed out on Twitter , these and other future Oath brands engage more than a billion consumers worldwide.
Twitter has made this a great day for countless Twitter users who feel suffocated by the 140 character limit. Twitter does not officially raise the character limit, but stops counting username in character limit.
William Cohen, a former US defense secretary and USA senator from ME , said Tillerson's visit was important for both sides. China, the North's biggest source of diplomatic support and economic assistance, has yet to respond.
The report came shortly after the nine-time WWE tag team champions publicly slammed TNA in a video that Matt released on YouTube. Matt and Jeff Hardy returned to WWE at WrestleMania 33 in Orlando this evening, to an absolutely enormous pop.
But he brings other things that you need to beat the Zags - things SC didn't have when it lost to them on Saturday. He was a ideal 12 of 12 from the free throw line . "I would call it executing what we practice".
They were outplayed at Tottenham and Barcelona, listless at Liverpool, pulled apart at Everton and confused at Monaco. Sergio Aguero, so often the focus of these discussions, fired in for 2-1, despite slipping.
Gold Circle's Paul Brooks adds, "As a Brit and a fan of shows like The Prisoner , the game's social satire resonated with me". Johnson and Chief Content Officer Dan Jevons producing the protect, Stephan Bugaj being the executive producer.
A rare terrible start by Masahiro Tanaka put the Yankees down early on Sunday , and they were never able to get back in the game. While striking out 17 batters to just two walks is impressive, also keep in mind batters only hit.157/.181/.371 in 70 at-bats.
Evolution favoured the tiny fish with large teeth first and later found a way to enhance them with venom , he added. For instance, they could develop a more effective painkiller by using the opioid peptides present in the venom .
The FCC put in place critical broadband privacy protection rules late a year ago to protect your right to privacy online. After effectively killing internet privacy, Trump's administration may further harm internet users in the near future.
Earlier PM Modi took to micro-blogging site Twitter and said that India stands with United Kingdom in the fight against terrorism. He appealed for anyone who knew Masood well or was aware of his recent movements to get in touch with authorities.
GOP state senator: Why I'm fighting for equal pay
Kentucky ranked 16 out of 50 states and the District of Columbia in the pay disparity between men and women, the study said . According to the Daily Beast , the top ten most remunerative majors (except pharmaceutical scientists) are dominated by men.
USA auto sales fall 1.6% in March as industry cools
General Motors sales climbed 1.6 percent, a smaller gain than analysts projected, while Honda reported a surprise drop. Sales of sport-utility vehicles, crossovers and pickup trucks increased 5.5% to 117,521, reflecting a record March.
Mets' Syndergaard exits game with blister
Teheran joined Rick Mahler (1985-88) and Greg Maddux (1993-96) as the lone Atlanta pitchers to start four straight season openers. I was nervous - and that was an awesome feeling". "I think it's the right decision", Collins said.
Trump to sign executive orders targeting trade abuses
The president explained that there would also be a plan to collect the taxes imposed on foreign exporters who broke trade rules. Talking to White House reporters, Commerce Secretary Wilbur Ross insisted that the executive orders were not just about China.
S. Korea hails new United States sanctions on N
Ties between the two countries have worsened recently as North Korea continues to expand its nuclear weapons and missile programs. If Washington sees changes it likes, it will remain a member and if not "we'll put out", she said.
Hotel carbon monoxide leak kills child, sickens others
Police confirm 13 people total needed treatment, including six children between the ages of 10 and 14 that were found unconscious. Be proactive - Use the "Flag as Inappropriate" link at the upper right corner of each comment to let us know of abusive posts.