5 Carat Pink Diamond Up For Auction Today!

A ring with a pink diamond the size of a chickpea will be the smallest and most-expensive item offered at a Hong Kong auction of paintings, antiques and gems that may tally HK$1 billion ($129 million).

The 5-carat, so-called fancy-vivid stone set by London- based jeweler Graff Diamonds and given the second-highest rating of potentially flawless is estimated to make as much as HK$55 million, said Christie’s International. The 2,000-lot, five-day sale is being held at the harbor-front convention center, with the diamond selling on Dec. 1.

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