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		</div><p><a href="http://londonglossy.com/wp-content/uploads/2010/11/pink-diamond-sells-for-record-26m.jpg"><a href="http://londonglossy.com/wp-content/uploads/2010/11/Strange-But-True-3-12.jpg"><img class="alignnone size-full wp-image-825" title="SWITZERLAND Diamond 2" src="http://londonglossy.com/wp-content/uploads/2010/11/Strange-But-True-3-12.jpg" alt="" width="200" height="296" /></a><br />
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<p>A rare pink diamond has smashed the world record for a jewel at auction by selling for more than $46 million (£29m) to a well-known gem dealer.</p>
<p>The 24.78-carat fancy intense pink diamond sold in Geneva for $46,158,674, easily topping the $24.3m (£15.3m) reached by the blue 35.56-carat Wittelsbach-Graff diamond in 2008, said auction house Sotheby&#8217;s.</p>
<p>Both jewels were purchased by London-based jeweller Laurence Graff.</p>
<p>&#8220;This is the highest price ever bid for a jewel at auction,&#8221; said David Bennett, the head of Sotheby&#8217;s jewellery division, as the auction room in Geneva&#8217;s luxury Beau Rivage hotel erupted into applause.</p>
<p>Mr Graff raised eyebrows when he had the blue diamond recut after purchase, to the displeasure of purists who considered it an act of vandalism against a unique object.</p>
<p>It wasn&#8217;t immediately known whether he planned to alter the pink diamond, which Sotheby&#8217;s says has a flaw unnoticeable to the naked eye but may be graded as internally flawless after re-polishing.</p>
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