Pink Diamond Sells for Record $57.7M At Hong Kong Auction

In this undated photo released by Sotheby's, The Williamson Pink Star is seen. The pink diamond was auctioned off at $49.9 million in Hong Kong on Friday, Oct. 7, 2022, setting a world record for the highest price per carat for a diamond sold at auction. (Sotheby's via AP)

Hong Kong (AP) -- A pink diamond was sold for $57.7 million in Hong Kong on Oct. 7, setting a world record for the highest price per carat for a diamond sold at auction.

The 11.15-carat Williamson Pink Star, auctioned by Sotheby’s Hong Kong, fetched close to $5.2 million per carat, exceeding the previous record of $4 million for a blue diamond sold in 2015.