A rare pink diamond sold for a record $10.8 million in a Hong Kong auction Tuesday night, proving the market for high-end goods in Asia hasn’t lost its luster.
Demand exceeded Christie’s’ expectations. Last week the auction house’s department head for jewels, Vickie Sek, predicted the rock would fetch $8 million.
The glamorous diamond toured Singapore, Bangkok, Geneva and Taipei before returning to Hong Kong, where collectors and connoisseurs vied for it at the Convention and Exhibition Center.says…….
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