The record for the highest amount ever paid for a diamond is now $46 million, paid by Lawrence Graff of London's Graff Jewelry for the "fancy, intense pink" diamond he immediately rechristened The Graff Pink.
The Graff Pink is 29.78 carats and joins the Wittelsbach-Graff Blue, purchased two years ago for the then highest amount ever paid for a diamond ($24.3 million). Graff outraged some in the community when he cut the Wittelsbach-Graff Blue, but the Graff Pink is said to have an internal flaw that may be repairable with shaping.
© C Harris Lynn, 2010
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