$39.32 Million Dollars for Pink Diamond

A rare, pink, 34.65 carat diamond was recently auctioned at Christie’s at $39.32 million U.S. Dollars, making the most expensive diamond auction made by the iconic auction house. the_princie_pink_diamond_once_owned_by_the_nizam_of_hyderbad_in_india_irrnc   The diamond was part of the Nizam of Hyderabad’s collection, originally believed to be from mines in South India and is categorized as a cushion cut stone. It is considered to be one of the world’s largest pink diamonds.   The rock has quite a notable history. It is believed it was found at the Golconda mines in India and sold by the Nizam of Hyderabad in 1960. It was then bought by Van Cleef & Arpels in London at a price of $70,158, and a celebration was held because of this purchase at the Van Cleef & Arpels store in beautiful Paris. The guests included Sayajirao Gaekwad, Prince of Baroda, at the time just 14 years-old. The pink diamond was baptized as “Princie” in honor of young royal.   The highest bid for a diamond was placed three years ago at Sotheby’s, making it $46 million for “The Graffe Pink Diamond.”  
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