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pink diamonds sparkle

RIO Tinto’s annual Argyle pink diamond tender has set a world record, with one stone selling for more than $US2 million ($2.1m) and another fetching the highest price for a "Fancy Deep" pink diamond.

This year there were 64 precious stones on offer, including three "Fancy Red" diamonds, and with private bids coming in well above pretender estimates and a record number of bids over $US1m, industry speculation has suggested the entire collection sold for more than $US25m.

The Australian

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