Sunday, November 17, 2013

Isaac Wolf Is Buyer of $83 Million Record Pink Diamond

Isaac Wolf, a New York-based diamond cutter, was the buyer of the 59.60-carat pink diamond that sold for $83 million in Geneva last night, a record for any gemstone at auction.

Wolf renamed the oval-cut stone the "Pink Dream." He competed against three others for the gem in bidding that lasted about five minutes before the strike of the gavel, followed by cheers and applause.

"The Pink Star," a 59.60-carat colored diamond. The oval-cut stone, the largest internally flawless fancy vivid pink diamond ever graded by Gemological Institute of America (GIA), sold for $83 million -- a record for any gemstone at auction -- when was auctioned by Sotheby's in Geneva on Nov. 13. It was estimated to raise more than $60 million.

1 comment:

Anonymous said...

that amount of money would feed every hungry/ poor jewish kid in israel and throughout the world for at least a year, yet it goes on an inanimate object.. ugh