Pink Star diamond fetches record $83m at auction
A diamond known as the Pink Star has sold for $83m (£52m) at auction in Geneva - a record price for a gemstone.
The diamond measures 2.69cm by 2.06cm (1.06 inches by 0.81 inches) and is set on a ring.
The auction took five minutes and the successful bidder was in the auction room representing an anonymous buyer.
This footage from the auction reveals the record-breaking moment.
13 Nov 2013
- From the section Business