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Pink Legacy

Jeweler buys ‘Pink Legacy’ diamond for record $50 million: Christie’s

GENEVA: The “Pink Legacy”, a diamond weighing just under 19 carats, fetched a record 50.375 million Swiss francs ($50 million), purchased by U.S.-based luxury jeweler Harry Winston, Christie’s said on Tuesday. Harry Winston, owned by Swatch whose CEO is Nayla Hayek, daughter of the late Swatch founder Nicolas Hayek, promptly renamed it “The Winston Pink Legacy”, adding it to its collection of rare jewels, the auction house said. The semi-annual Geneva jewelry sale netted $110 million, with 86 percent of lots finding…