A diamond sets a record.

FOX's Lilian Woo reports:

A pink diamond which looks larger than a Charms Blow Pop, pulling in a record $71.2 million at auction in Hong Kong to a jeweler there. That is the most for any jewel, according to Sotheby's.

The 59.6 carat "Pink Star" is the largest flawless fancy vivid pink diamond ever graded by the Gemological Institute of America. It was actually sold for an even higher price back in 2013 in Geneva, but diamond cutter Isaac Wolf defaulted on his bid of $83 million.

Sotheby's says it's not concerned about this week's winner Chow Tai Fook because the bidders were vetted.

Lilian Woo, FOX News.

Follow Lilian Woo on Twitter: @LilianNY