Sakura Diamond sells for $37.7 million, smashing auction record – ABC News

A pink diamond named after the famous Japanese cherry blossom flowering trees of the same colour has sold at auction for a record price.

• The pink diamond sold for more than $37 million
• Two bidders argued the price up more than $HK50 million over the opening bid
• An auctioneer said it is the largest diamond of its kind to go to auction

“The Sakura Diamond,” a 15.81-carat fancy vivid purple-pink diamond ring set a world auction record price for a diamond with this rare colour combination, fetching $226 million…

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