Economy

See the earrings that fetched $51 million at Sotheby's auction

See the earrings that fetched $51 million at Sotheby's auction

The total cost was 42.1m United States dollars, including the buyer's premium.

In the end, Apollo fetched CHF41,862,500 (US$41,255,566) and Artemis for CHF15,256,250 (US$15,035,061), for a total buy price of CHF57,118,750 (US$56,290,627).

A pair of pink and blue diamonds became the most valuable earrings ever sold at auction last night, after they went under the hammer at Sotheby's for $57.4m (£44.3m).

The matching, 16-carat pink diamond went for a hammer price of about 13.5m U.S. dollars. The earrings were named after ancient Greek gods.

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The pure vivid blue of Apollo - from the Cullinan mine in South Africa - is rarer, and therefore worth more than the intense pink Artemis.

The auction house had estimated the selling price of the pink diamond between $12.5m and $18m, and the blue stone between $38m and $50m.

The gem had been previously sold for a world record of $US83 million in 2013, but the buyer defaulted and Sotheby's had to buy it back the diamond.

The world's most expensive earrings just sold for £45 million at an exclusive auction - and they don't even match.

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The earrings were sold as separate lots.

The Pink Star (now renamed the CTF Pink Star) is a 59.60-carat oval mixed-cut pink diamond, measuring 2.69 by 2.06 cm (1.06 by 0.81 in) and weighing 11.92 g (0.42 oz).

Christie's had sold 14.62-carat "Oppenheimer Blue" diamond for $58m past year. The previous record price for earrings was set by the " Miroir de l'Amour", two pear-shaped white diamond earrings that Christie's sold for $17.7 million in November.

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