'Pink Star' diamond sparkles in $71.2 million record sale in HK

A stunning 59.6 carat diamond known as the "Pink Star" sold for $71.2 million at a Sotheby's auction on Tuesday in Hong Kong, setting a new world record for any diamond or jewel, the auction house said.

At the same auction, other treasures were sold, including a Ming Dynasty (1368-1644) bowl selling for nearly $30 million.

The oval mixed-cut Pink Star smashed the $60 million presale estimate set by Sotheby's when it went on the block.