Rare Pink Diamond Sells at Auction for $39.3 Million
Both the buyer and seller were anonymous, but a rare pink diamond recently sold at auction for $39.3 million. The 34.65-carat diamond was sold at Christie’s Auction House in New York and was the second highest jewel sold at auction. The diamond is nicknamed "The Princie Diamond", and had its origins in India where it was found 300 years ago.
The "Princie" nickname came from a 14-year-old Baroda boy attending a party in Paris where the diamond was on display, and picked up the boy’s name. The diamond once belonged to an Indian prince but since 1960, was at the London branch of the jeweler Van Cleef & Arpels.