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The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind

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Spain lifted the World Cup, but the IRS still gets a cut of its $50 million pay day as players, coaches and refs all face complex U.S. “jock taxes”

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Scott Bessent casually says the U.S. has more than $1 trillion in gold—and that it doesn’t matter for the dollar
Jewelry

These Diamond Earrings Just Sold for a Record-Breaking $57 Million at Auction

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Lisa Marie Segarra
Lisa Marie Segarra
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By
Lisa Marie Segarra
Lisa Marie Segarra
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May 16, 2017, 5:25 PM ET
SWITZERLAND-AUCTION-JEWELLRY-DIAMOND-LIFESTYLE
"The Apollo Blue" and "The Artemis Pink" diamonds on May 11, 2017.FABRICE COFFRINI AFP/Getty Images
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A pair of diamond earrings broke a world record after they sold for more than a combined $57 million.

The diamond earrings were sold Tuesday as part of Sotheby’s Magnificent Jewels & Noble Jewels auction in Geneva. The company announced the world record-breaking auction price of $57,425,478 on their Twitter account Tuesday.

The Apollo Blue diamond earring sold for $42,087,302, and the Artemis Pink diamond earring sold for $15,338,176.

The Apollo Blue and Artemis Pink diamond earrings, though technically a pair of earrings together, were offered separately due to their “extreme rarity, power and presence,” according to Sotheby’s.

The Apollo Blue has an estimated value of $38 million to $50 million, while the Artemis Pink has an estimated worth of $12.5 million to $18 million.

#AuctionUpdate World record for a pair of #earrings: The exquisite 'Apollo' and 'Artemis' diamonds bring $57,425,478 #SothebysJewels pic.twitter.com/IfZa7ggitu

— Sotheby's (@Sothebys) May 16, 2017

Both considered two of the chemically purest diamonds, David Bennett, worldwide chairman of Sotheby’s international jewelry division said they are “by far the most important pair of earrings ever offered at auction.”

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By Lisa Marie Segarra
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