Yes, it is. This magnificant pink diamond was sold for 45,442,500 CHF (over $45 million dollars), way beyond the pre-auction estimate and set a new world record for any diamonds or any jewelry sold at an auction.
From the lot’s note:
EXCEPTIONALLY IMPORTANT AND EXQUISITE FANCY INTENSE PINK DIAMOND
The fancy intense pink round-cornered rectangular step-cut diamond weighing 24.78 carats, set between shield-shaped diamond shoulders, in platinum, as a ring, size 551⁄2. Accompanied by GIA report no. 2115100354 stating that the diamond is Fancy Intense Pink, Natural Colour, VVS2 Clarity, together with an additional GIA worksheet stating that the diamond may be Potentially Flawless after repolishing.
Further accompanied by a GIA type classification report ,stating that this stone is a Type IIa pink diamond. ‘ Type IIa pink diamonds are very rare in nature, often have relatively few inclusions and are noted for their mostly homogenous colour in the rough (..).’