Diamond sells at record price

 A rare pear-shaped vivid pink diamond has sold for a record $31.5m (£21.8m) at an auction in Geneva, Sotheby's auction house said. 

The 15.38-carat diamond was found in South Africa less than five years ago, the AFP news agency reports.  

Reuters

It was mounted on a ring, and sold to an Asian private collector who had bid by telephone.

"It's the highest price ever paid for a fancy vivid pink diamond," said David Bennett, worldwide chairman of Sotheby's international jewellery division.

http://www.bbc.com/news/live/world-africa-36175404