Itche Wolf, Kloizenberger Chassid buys pink diamond for 83 million dollars

Isaac Wolf, a New York-based diamond cutter, was the buyer of the 59.60-carat pink diamond that sold for $83 million in Geneva last night, a record for any gemstone at auction.

Wolf renamed the oval-cut stone the “Pink Dream,” New York-based Sotheby’s said. 

He competed against three others for the gem in bidding that lasted about five minutes before the strike of the gavel, followed by cheers and applause.

Itche Wolf in center with beard