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HK Billionaire Buys Rare Blue Diamond For $48 Million; Sets World Record

Hong Kong Billionaire Buys Rare Blue Diamond for $48 Million; Sets World Record

Desiree Sison   | Nov 13, 2015 08:03 AM EST

A Hong Kong billionaire bought a rare, flawless "Blue Moon Diamond" for a whopping 48.6 million Swiss francs ($48.4 million) on Wednesday in Geneva, setting a world record for an auctioned gemstone, according to Sotheby's auction house.

Man looks at Picasso's 'Women of Algiers (O)'

Picasso's "Women Of Algiers (O)" Breaks Auction Record

Staff Reporter   | May 12, 2015 09:21 AM EDT

Pablo Picasso's painting, "Women of Algiers (Version O)" or "Les Femmes d'Alger (Version 'O')" has become the most expensive artwork to be sold at an auction at a new world record of $179 million in New York on Monday.

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