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The 65 stones totaled 61.43 carats. These rare and precious diamonds comprise the tender, which travels from Perth to New York City, Tokyo, Hong Kong, London and Geneva during the fall. There are 120 dealers invited to the tender, where they examine the diamonds and then make a closed bid one or more stones or even all the stones. The winners and prices are never disclosed, but it takes a lot of green to be in the pink. According to Jean Marc Lieberherr, general marketing manager for Rio Tinto Diamonds, while one good quality, 1 carat white diamond may go for $20,000, it is possible that a good quality, 1 carat pink diamond could command as much as $400,000. |