There is the rare 15.38 carat pear shaped pink diamond known as the Unique Pink and it is sold for $31.6 million at Sotheby’s in Geneva on Tuesday and it is the most costly fancy vivid pink diamond sold at an auction.

The nice diamond set has a simple ring and is sold to an Asian private purchaser who can bid for this rare gem on the telephone. It is cumbersome to visualize a diamond that can exhibit the vivid pink and its color is fabulous.

The most costly pink diamond to sell at an auction is at 24.78 carat Graff Pink and can be sold at $46.2 million at Sotheby’s in the year 2010.

Unique pink sale overtook the past record for a fancy vivid pink diamond. The 16.08 carat diamond can be sold for $28.5 million to Hong Kong billionaire who bought it for their seven year old daughter.

These diamonds are very colorful. They can be sold for a whopping $48.4 million and it makes the world’s most costly diamond. The record can be challenged with the 14.62 carat and is the largest blue diamond in the world sold at an auction. It is a luxury to have these.