'Pink Legacy' diamond sells for $50 million at auction

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Sunday, November 18, 2018
'Pink Legacy' diamond sells for $50 million at auction
'Pink Legacy' diamond sells for $50 million at auction. Gray Hall reports during Action News at 10 a.m. on November 18, 2018.

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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