Pink diamond fetches R416m at Sotheby’s sale

An extremely rare, purple-pink diamond mined in Russia, which Sotheby’s described as “a true wonder of nature”, sold for $26.6m (R416m) on Wednesday, the auction house said.

Sotheby’s had estimated that the flawless oval gem, “The Spirit of the Rose”, could fetch $23m-$38m at the Geneva sale...

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