Stunning 37-Carat Pink Diamond May Command $30m At Auction

The world's largest known fancy intense pink diamond could sell for up to $30 million at a November auction. According to CNN, the 37.30-carat Raj Pink will headline Sotheby's Magnificent Jewels and Noble Jewels sale in Geneva on Nov.15th. Sotheby's says pink diamonds are extremely rare, making up less than 0.02% of the diamonds submitted to the Gemological Institute of America each year. "Fancy intense" designates pink diamonds that are quite strong in color.

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