'Martian pink' diamond sold at auction for $17.3 million

Posted at 05/31/12 11:59 AM
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The biggest pink diamond ever to appear at an auction has been sold for $17.3 million or roughly P750 million.

Named “Martian pink” by legendary American jeweler Harry Winston, the diamond sold for a whopping $1.45 million per carat.

That’s a modest mansion per carat, meaning most people can’t even afford a millimeter of this gem.

Martian pink was sold after only six minutes of tense bidding in Hong Kong’s Christie’s auction, its price shooting up far beyond its expected $8- to $12-million value.

Mornings@ANC, May 31, 2012

For more on “Mornings@ANC,” go to http://anc.abs-cbnnews.com/shows/7/morningsanc/