The Buzz | Pink diamond worth millions shown in London ahead of auction

Sotheby’s is displaying the startling “pink star” diamond in London before it’s auctioned in Hong Kong next month.

The company says the gem should fetch more than USD60 million when put on the block April 4, which would represent a record for a pink diamond sold at auction.

It said the 59.60-carat gem is the largest flawless fancy pink diamond ever graded by the Gemological Institute of America. It was mined in Africa in 1999.

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