Hong Kong tycoon buys $48.5M diamond at auction for daughter
Business / International News / U.S. News

Hong Kong tycoon buys $48.5M diamond at auction for daughter

GENEVA (AP) — An exceptionally large blue diamond sold Wednesday for 48.6 million Swiss francs ($48.5 million) — a record price for any jewel at auction, Sotheby’s said, culminating two Geneva auctions in which a convicted Hong Kong tycoon bought rare colored diamonds for his daughter. The 12.03-carat ‘Blue Moon’ diamond, set in a ring, … Continue reading