But Where Do You Wear It?

"National Jewleler -New York--In an event Christie's is terming "an auction to remember," an anonymous buyer paid $7.7 million for the 32.01-carat D-flawless Annenberg Diamond on Wednesday, well surpassing the stone's estimated sale price of $3 million to $5 million.

The diamond, owned by philanthropist Leonore "Lee" Annenberg, who died in March at the age of 91, was mounted in a ring by Manhattan jeweler David Webb.

Its sale set a new, world-record auction price of $240,000 per carat for a colorless diamond, according to Christie's."