New Record Price Paid for a Diamond

A new record high price-per-carat was paid last week when a bidder at a Sotheby's auction paid almost $8 million dollars for a 6.04ct. diamond! At least 7 telephone bidders vied for the diamond at the auction held in Hong Kong. The stone was a flawless, emerald-cut, Fancy Vivid Blue diamond. The price beat the 20 year old record of $926,000 per carat.