Wednesday, September 25, 2013

Pink Star diamond: You got $60M?

Who has $60 million to buy The Pink Star diamond?

By Ben Brumfield, CNN

September 25, 2013 — Updated 1004 GMT (1804 HKT)

A 59.6-carat pink diamond will be auctioned by Sotheby's in Geneva in November for $60 million (49 million euros).

A 59.6-carat pink diamond will be auctioned by Sotheby’s in Geneva in November for $60 million (49 million euros).


  • The 59.6-carat pink diamond goes on auction in November, Sotheby’s says

  • It is internally flawless, which the auctioneer says is rare

  • Diamond cutters needed two years to cut and polish it

(CNN) — Strike up that “Pink Panther” theme song and hum along: Da-dum-da-dum, da-dum, da-dum-da-dum-da-dum.

Because the closest thing ever to the fictional Pink Panther diamond that sent bumbling Inspector Clouseau on cinematic goose chases is going under the gavel this year.

And it is expected to fetch the highest price in history for any diamond ever purchased, says auctioneer Sotheby’s.

By the time the bidding battle ceases on November 13, in Geneva, Switzerland, the chunk of pink ice known as (drum roll) The Pink Star is expected to be SOLD! for more than 60 million smackeroos.

The fictitious Pink Panther had a flaw that looked like a lunging panther, thus its name. The Pink Star, on the other hand, is flawless. Sotheby’s calls it “the largest internally flawless fancy vivid pink diamond that the Gemological Institute of America has ever graded.”

That’s supposed to be very rare.

The rock the size of the pope’s ring is 59.6 carats huge.

It took two years to cut its dozens of facets out of the original raw stone and polish it into its current oval shape.

CNN’s Samira Said contributed to this report.


Part of complete coverage on

September 24, 2013 — Updated 1249 GMT (2049 HKT)

If Westerners killed Westerners in the Nairobi mall siege does it mean transnational jihad and a victory for al Qaeda militants?

September 24, 2013 — Updated 0848 GMT (1648 HKT)

Pakistan is reeling from the deadliest attack on a church in the country’s history. CNN’s Saima Mohsin examines religious intolerance there.

September 24, 2013 — Updated 0701 GMT (1501 HKT)

China’s urban rich are making far more than they officially report thanks to ‘hidden income,” according to a new study.

September 25, 2013 — Updated 1021 GMT (1821 HKT)

This year’s United Nations General Assembly could be different: Iran and the U.S. may not denounce each other.

September 23, 2013 — Updated 1513 GMT (2313 HKT)

Al-Shabaab, al-Qaeda’s brutal Somali affiliate, has claimed credit for the attack by multiple gunmen at an upscale shopping mall in Nairobi, Kenya.

September 24, 2013 — Updated 1436 GMT (2236 HKT)

A ring once owned by the 19th century novelist Jane Austen is to remain in Britain after a museum raised funds to buy it from U.S. singer Kelly Clarkson.

September 25, 2013 — Updated 0117 GMT (0917 HKT)

A 4-year-old girl at the center of a high-profile custody dispute between her father and adoptive parents has been returned to the couple.

September 24, 2013 — Updated 1414 GMT (2214 HKT)

Getting stuck in your own success can be the death knell for innovation, writes author Noreena Hertz.

September 25, 2013 — Updated 0500 GMT (1300 HKT)

What could possibly draw 500,000 spectators to a Taiwan harbor front in the midst of typhoon Usagi threats?

September 25, 2013 — Updated 0334 GMT (1134 HKT)

Does the paint job of an airplane — otherwise known as its livery — make a difference to you?

September 23, 2013 — Updated 2149 GMT (0549 HKT)

CNN’s Samuel Burke shows Richard Quest how it might be possible to hack an iPhone 5S’s fingerprint security measures.

September 24, 2013 — Updated 1133 GMT (1933 HKT)

Breaking up with a beloved gadget is hard to do, especially when you have history, writes CNN’s Kristie Lu Stout.

September 24, 2013 — Updated 0615 GMT (1415 HKT)

Two men in Thailand are in trouble with the law thanks to an Instagram photo posted by pop star Rihanna during her visit to the island of Phuket.

September 24, 2013 — Updated 1002 GMT (1802 HKT)

Basketball is growing fast in Africa and the NBA has set its sights on the continent to provide future stars, and tomorrow’s fans.

It has been a long five-month wait for Luis Suarez but football’s enfant terrible is back.


Originally from:

Pink Star diamond: You got $60M?

The post Pink Star diamond: You got $60M? appeared first on Arne Ruhnau News.

via Arne Ruhnau News