Category: Auction News

Pink diamond sets auction record

A fabulous five-carat pink diamond sold today at Christie’s Hong Kong for $10,776,660, the highest per-carat price ever paid for a diamond. No doubt about it: fancy-colored diamonds are hot – and Hong Kong has become a major market for gemstones.

Bernie Madoff’s bling sold

Bernie and Ruth Madoff’s jewels were auctioned off this weekend. His 17 Rolexes disappointed but Ruth’s baubles were snatched up by buyers eagers to help pay off Madoff’s victims – or so they said. Best excuse for a spending spree we’ve had all year.