A 59.6 carat, rare pink diamond known as the Pink Star will be auctioned. The diamond is expected to sell for more than 60 million dollars, the highest price in history for any diamond ever purchased. The bidding will take place on November 13, in Geneva, Switzerland.
The Pink Star is described as “the largest internally flawless fancy vivid pink diamond that the Gemological Institute of America has ever graded.” The gem is known to be very rare and very large at 59.6 carats. It took two years to cut its dozens of facets out of the original raw stone and polish it into its current oval shape.