Sold at Sotheby's Geneva for $46.16 Million - 24.78ct Fancy Intense Pink Diamond Emerald Ring (The Graff Pink)
Sold at Sotheby's Geneva for $46.16 Million - 24.78ct Fancy Intense Pink Diamond Emerald Ring (The Graff Pink)

Geneva-Laurence Graff again raised the auction stakes for natural color diamonds on Tuesday evening when he paid a world record price of $46.16 million for a 24.78-carat fancy intense pink diamond at Sotheby's.


The legendary diamantaire, who immediately dubbed the diamond "The Graff Pink," called the emerald-cut stunner the "most fabulous" diamond he has seen in the history of his career.