Pink diamond sold for more than $83 million [View all]

[TexasTowelie]

An enormous diamond known as "The Pink Star" sold for more than $83 million at auction Wednesday night, far surpassing its expected price.

Sotheby's says the sale the vivid and flawless 59.60-carat pink diamond is the highest price ever paid for a gemstone at auction.

Prior to the sale to the successful bidder, representing an anonymous buyer, the diamond was estimated to fetch more than $60 million. The bidding opened above $52 million, and it closed with the playing of the "Pink Panther" movie's theme music.

The exact sale price of "The Pink Star" was 76.325 million Swiss francs, or $83.425 million. It had been introduced prior to the bidding as "one of the most remarkable gems ever to appear at auction."

More at http://www.theeagle.com/news/world/article_6d67ddc7-3a5e-5e86-ae51-14f756dacbf8.html .