The "Martian Pink" diamond by Harry Winston fetched a staggering US$17.4 million at auction in Hong Kong this week as it went on sale for the first time in 36 years, more than double the estimated price.
Billed as the largest pink diamond ever to go under the hammer, the stunning round fancy intense pink gem was the pièce de résistance of the Christies' jewellery auction that raised $80 million on Tuesday.
"Having appeared on the market for the first time in 36 years, The Martian Pink sold by Harry Winston in 1976 created a sensation during its worldwide exhibition tour and achieved US$17.4m after a 10-minute bidding war," said Vickie Sek of Christie's Asia.
Hong Kong has emerged as the world's third biggest auction centre after New York and London, thanks largely to the growing luxury market in mainland China
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