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A spectacular and rare orange diamond, the largest known gem of its kind, was on Tuesday auctioned off for a record $31.5 million in Geneva. The deep orange gemstone, which was found in South Africa, weighs a whopping 14.82 carats. The Gemological Institute of America (GIA) has handed it the top rating for coloured diamonds: "fancy vivid". "To have one that’s over 14 carats is exceptional," Christie's international jewellery director David Warren told AFP.Read more...