Have a Spare $60 Million Lying Around? Add This 59.60 Carat Pink Diamond to Your Shopping List

Extremely rare, the mammoth diamond is expected to set record auction price

Your mom may have led you to believe that you are the rarest gem on the planet, but, we hate to inform you, mother doesn’t always know best.

Known as the Pink Star, a 59.60 carat pink diamond — the biggest known gem of its kind, is hitting the auction block next month, and experts are expecting it to fetch a record-breaking bid, the U.K.’s The Guardian reports.

"It is difficult to exaggerate how rare this is," David Bennett, chairman of Sotheby’s European jewelry department, tells the newspaper. "This is a very exciting diamond. Apart from the words about how rare it is, it's just such a beautiful stone. Pink diamonds, in my experience, are the most desired of all the colors. I've never shown a pink diamond to somebody who then hasn't liked it. It's a joyful color. It makes people happy."

Considering Kim Kardashian’s new engagement ring, which could likely be spotted from Mars, is 15 carats, we’d exchange the word “happy” for “thrilled beyond belief.”

The Pink Star, on display now in London (the auction will take place in Geneva), is predicted to be sold for more than $60 million, according to The Guardian; the priciest jewel auction record currently stands at $46 million for the Graff Pink, sold in 2010.

De Beers mined the rock from 124 miles deep in Africa back in 1999, and was part of an exhibit of the world’s rarest diamonds at the Smithsonian in Washington, D.C., in 2003, the newspaper reports.

"When you are looking at a diamond like this, you are looking at a real treasure of the earth," Bennett tells the newspaper.

If you're lucky enough to get a look, just bring sunglasses. You’re likely to be seriously blinded.

Watch this related video from Today.com:

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Lesley Kennedy writes for ShopAtHome.com. Follow ShopAtHome on Twitter @shopathome and Lesley on Google+.

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