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Dealer Isaac Wolf Is Buyer of $83 Million Record 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,” New York-based Sotheby’s said. 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.