Sotheby Auction in Hong Kong Sells Pink Diamond for $71.2 million

Pink Diamond

Sotheby’s auctioned a stunning 59.6 carat diamond known as the “Pink Star” which sold for $71.2 million in Hong Kong. This set a new world record for any diamond or jewel ever sold. This was an oval mixed-cut diamond which exceeded the previous records. The gemstone was sold at an even higher price at another Sotheby’s auction in Geneva, but the buyer could not come up with the money they say because of taxes.  The gem is the largest flawless fancy vivid pink diamond ever graded by the Gemological Institute of America. This shows that the market is shifting to Asia and taxation is helping to move things right along as per our model.

Latest Posts

Destroying the World Economy ASAP

The two positions in life that require ZERO experience are (1) politician and (2) becoming a parent. We often hear blaming foreign buyers in real estate for the rise in [...]
Read more

Dems Profiting on California Tragedy

Politicians never shy away from using a tragedy for personal gain. Democrats like Gavin Newsom and Elizabeth Warren have been caught stealing donations intended for California wildfire victims and funneling [...]
Read more

Macron Considers Sending Troops to Ukraine

Ukrainian President Volodymyr Zelensky and French President Emmanuel Macron have been collaborating on ideas to send French troops to Ukraine. “Today I spoke with the president of France. It was [...]
Read more

Roman Coins – Denarii

Many people have been asking if I can provide some coins to stimulate the interest of the youth. I will try to put some groups together. This denarii group ran [...]
Read more