A model displays the 'Pink Star'
Media playback is unsupported on your device

Pink Star diamond fetches record $83m at auction

A diamond known as the Pink Star has sold for $83m (£52m) at auction in Geneva - a record price for a gemstone.

The diamond measures 2.69cm by 2.06cm (1.06 inches by 0.81 inches) and is set on a ring.

The auction took five minutes and the successful bidder was in the auction room representing an anonymous buyer.

This footage from the auction reveals the record-breaking moment.

  • 13 Nov 2013
Go to next video: Rare 'Pink Star' diamond close-up