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Media captionThe moment the Pink Star diamond was sold for a record breaking price. A diamond known as the Pink Star has sold for $83m (Â£52m) at auction in Geneva - a record price for a gemstone. The diamond measures 2.69cm by 2.06cm (1.06 inches by 0.81 inches) and is set on a ring. The Pink Star was sold to Isaac Wolf, a well known New York diamond cutter who has renamed it the Pink Dream.
Christie's auction house tried to sell it in 1931 but apparently found no buyers. The diamond disappeared for a few decades only to resurface in 1962. A private collector purchased it in 1964, but sold it in 2008 for $23.4 million.