A very rare diamond will head to auction Tuesday and could fetch up to $38 million dollars.

The “unique pink” diamond will headline an auction at Sotheby’s Tuesday night at the Magnificent Jewels & Noble Jewels auction lot in Geneva, Switzerland.

One of the rarest diamonds in the world, the pink diamond is a 15-point, 38-carat gem. The vivid pink color is both exceedingly rare and highly sought after.

The gem has exceptional clarity and pure structure as well, making it an impressive diamond expected to command a hefty pricetag.

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