Pink Star diamond fetches record 712 million in Hong Kong

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Hong Kong: A pink diamond broke the world record for a gemstone sold at auction, after it fetched $71.2 million in Hong Kong on Tuesday.

The 59.60-carat "Pink Star" is the largest in its class ever graded by the Gemological Institute of America (GIA).

Sotheby's auction house said it was "proud" of the sale.

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