White diamond sells for record $27.3m in Hong Kong
7 October 2013 Last updated at 16:17 BST
A white diamond the size of a small egg has sold for $30.8m (£19.1m) at an auction in Hong Kong.
A phone bidder bought the 118-carat rock, edging out a previous price record for a white diamond of $26.7m.
Hong Kong has become one of the world's biggest auction hubs thanks to rising numbers of wealthy collectors from mainland China and other Asian countries.