AKIPRESS.COM - A rare pink diamond has fetched SFr50.3 million ($50m; £38.5m) at auction, a record price per carat, BBCreported.

Pink Legacy, weighing in at just under 19 carats, was bought by US brand Harry Winston at auction in Geneva.

The price of around $2.6m per carat marked a world record for a pink diamond, according to the Europe head of auction house Christie's.

It had been valued at between $30-$50 million before sale, and was bought after only five minutes of bidding.

The diamond's new owners have rechristened it the Winston Pink Legacy.