The piece was popular amongst the bidders and ended up selling for $17,778,247. This price sets two world auction records, one for the highest price of any fancy vivid pink diamond as well as the per-carat price for a pink diamond.

The record breaking didn't stop there, as the record for the per-carat price for Kashmir sapphire was broken twice. The first record breaker was a Cartier sapphire ring, which sold for $193,975 per carat. The ring held on to it's record breaking title very briefly as it was quickly snatched away by a sapphire and diamond ring, which sold for $236,404 per carat.

 

Find more jewelry auctions at Barnebys here.

 

Story via ArtDaily/Sotheby's