CLEAN : Pink Star diamond fetches record $71.2 mn in Hong Kong

CLEAN : Pink Star diamond fetches record $71.2 mn in Hong Kong

Assessment

Interactive Video

Other

10th Grade - University

Hard

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The video covers an auction event where a 59.6 carat Pink Star diamond was sold for a record price of 553 million Hong Kong dollars, equivalent to 71.2 million U.S. dollars. This sale set a new record for the most valuable diamond ever sold at auction and the highest price for any work sold at auction in Asia. The video also discusses the economic context, noting that not all previous bidders were present due to concerns about the Chinese economy. Despite this, the auction results were strong, particularly for white and colored diamonds, reaffirming Hong Kong's status as an international sales center.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What were the results of the sale in terms of diamonds and gemstones?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How did Hong Kong prove itself in the context of international sales?

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