Sold at Christie's New York - A modified rectangular-cut fancy vivid purple-pink diamond
A modified rectangular-cut fancy vivid purple-pink diamond of 6.89 carats was sold for $6,914,500 at Christie's New York

A modified rectangular-cut fancy vivid purple-pink diamond of 6.89 carats was sold for $6,914,500 at Christie's New York Jewels auction yesterday (Tuesday). The auction total, $22.1 million, brought Christie's New York jewelry sales total to $131 million for the year the highest total ever for the U.S. jewelry auction market.

The anonymous buyer paid $1 million per carat for the diamond, in what can be described as a sizzling market. Demand for large and fancy color diamonds is pushing prices to record breaking levels.