An exceptionally rare, 14.83-carat “fancy vivid purple-pink internally flawless” diamond is expected to fetch up to $38 million at a Sotheby’s auction next month.

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An "ultra-rare" purple-pink diamond sold for a record 24.4 million Swiss francs ($26.6 million) at an auction in Geneva on Wednesday evening. The 14.83-carat stone, dubbed "The Spirit of the Rose ...

To date, the highest-selling pink diamond was for the nearly 60-carat Pink Star, which sold in 2017 for $71.2 million. Editorial Standards Reprints & Permissions LOADING VIDEO PLAYER ...

Named ‘The Spirit of the Rose,’ the 14.83-carat internally flawless gem is the largest fancy vivid purple-pink diamond ever offered at auction. It will be the top lot at Sotheby’s Geneva ...