A diamond is making history in Switzerland.
The particular diamond is known as the "Pink Legacy."
It just set a new record for the highest price paid per carat for a pink diamond at auction.
It sold for a whopping $50 million.
The nearly 19-carat diamond is classified as a "fancy vivid" diamond, because of its color intensity.
Such diamonds are larger than ten-carats and are very rare.
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'Pink Legacy' diamond sells for $50 million at auction
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