Wednesday, December 02, 2009 HONG KONG: A ring with a chickpea-sized pink diamond has fetched a record price of 10.8 million dollars at an auction in Hong Kong, Christie's said on Wednesday.The auction house said the five-carat jewel, dubbed Vivid Pink, set a per-carat world record for a diamond at the Tuesday evening sale, beating a Hong Kong property tycoon's 10.5 million dollar winning bid for a seven-carat blue diamond in Geneva earlier this year.An unidentified Asian buyer made the record-smashing bid on Vivid Pink, the highest-priced lot at Christie's sale this week.Vivid Pink's pre-sale estimate was between five and seven million dollars."This definitely went above its high estimate, but that is what the market thought it was worth," a Christie's spokeswoman said."We think this will probably hold for quite some time -- it's a very strong price."Asian jewellery buyers have become "an extremely important group" for the auction...
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