There goes a wasted World Record unnecessarily.

[diagem]

"The 59.6 carat oval-cut pink diamond, which fetched $83.2 million in a transaction guaranteed by Sotheby’s, was acquired by the auction house after the buyer defaulted. The stone is recorded in Sotheby’s inventory at about $72 million, the U.S. dollar equivalent of the corresponding purchase price in Swiss francs, Sotheby’s said yesterday on a conference call."

http://mobile.bloomberg.com/news/20...amond-buyer-defaulted-on-record-purchase.html

 

[Karl_K]

Wonder if he figured out he way over payed for the stone or just couldn't come up with the cash.
.

 

[kenny]

Wow, GIA graded it Fancy Vivid Pink and Internally Flawless.
Not too shabby.

http://www.rawstory.com/rs/2013/09/25/flawless-60-million-pink-diamond-for-auction-in-geneva/

 

[bcavitt]

Oops.....

 

[diagem]

Wonder if he figured out he way over payed for the stone or just couldn't come up with the cash.
.

One of the auction houses (can't recall if Christies or Sotheby's) sold a 5 ct vivid? pink a couple of years ago for $2.5Mil per carat...
BTW, both were modified or mixed type Brilliants.
Diamonds act funny in value terms the bigger and rarer they are:/

 

[missy]

Well the good news is that it is still up for grabs...any PSers interested?


(I know I would be if I had the cash!)

 

[diagem]

Well the good news is that it is still up for grabs...any PSers interested?


(I know I would be if I had the cash!)

I think there are other candidates who have the potential to easily beat this "wasted" world record.
I would easily pick another