A rare pink diamond, which once owned by Indian royalty sold for $39.3 million at an auction in New York City.
The price of 34.65 carats of diamonds which sold at Christie's on Tuesday was the second-highest auctioned ever for a gem.
Seller and buyer were anonymous.
The gem was discovered in the Princie Diamond nicknamed 300 years ago in the Golconda mines in India.
It once belonged to the Nizam of Hyderabad, Indian Prince.
1960 Was acquired by the London branch of the jeweler Van Cleef & Arpels in an auction the diamond.
His name was awarded at a party at the company's Paris store. It was called "Phai" in honor of the 14-year-old Prince of Baroda, which party took part with his mother, Maharani SITA Devi.
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