The most expensive giant pink diamond in the world has just been found

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A Russian mining company that unearthed a pink diamond could be the most expensive gem ever.

This pink diamond stone weighs 27.85 carats and was recovered by Alrosa PJSC from a sediment mine in the northwest of the Yakutia region in Russia's Far East.

According to Alrosa, the pink diamond has a special jewelry quality, without any defects. The size of the diamond is 22.47 x 15.69 x 10.9 mm.

Until this latest diamond was unearthed, Alrosa's biggest pink gem ever found weighed only 3.86 carats.

"Alrosa company experts are currently studying this gemstone to decide to sell it as a rough diamond or cut it down" - Evgeny Agureev, head of ALROSA's Sales Organization for know in a press release.

According to Alrosa, we claim that this may be the most expensive diamond of all time available at Alrosa. Agroev added: "The unique properties of this diamond make it an extremely valuable gemstone ."

Earlier this year, a very large pink diamond, weighing around 59.60 carats, was auctioned in Hong Kong for $ 71.2 million - the highest price paid at the auction.