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Fancy Vivid Pink Diamond Sets Record Price At Sotheby's Auction.
A rare, vivid fancy pink diamond ring fetched a record $6.2 million at Sotheby's Magnificent Jewels and Jadeite auction, held April 9 in Hong Kong.

Bought by an anonymous bidder, the 10.04-carat ring established a new world record price for a pink diamond sold at auction. Overall, the spring 2006 series of Hong Kong sales commanded a total of $108.5 million for watches, jewels, jadeite jewelry and art Sotheby's put on the block. The auctions were held at the Hong Kong Convention and Exhibition Centre.
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