Pink diamonds are exceptionally rare, with only one carat in every million displaying the intense colour.
William Gant, Australian managing director for L.J. West, said the diamond wholesaler bought the 2.83 carat stone in 2016, and it has mainly been kept in storage at its New York headquarters since. “The value is, ‘What is your price, and then we’ll think about it’,” he said. “It’s one of those things that if you have to ask, you can’t afford it.
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