Rare red diamond sells for $2.6 million

[2bogey]

I don''t know if this was posted in another thread, but Reuters reports that a rare purplish-red diamond ring has sold for 2.97 million Swiss francs ($2.6 million), setting a world record for a red diamond. British jeweler Laurence Graff bought the ring whose octagonal stone weighs 2.26 carats and is the largest red diamond to appear at auction.

Here''s the rest of the article.

http://news.yahoo.com/s/nm/20071116/lf_nm_life/swiss_jewels_dc;_ylt=AmDLZX9mPB4wke82_R6e9kADW7oF