A private buyer purchases a Pear diamond during an auction when the reserve price wasn’t met.

The highly anticipated 72.22 carat “Perfect Pear” diamond was withdrawn from the Sotheby’s Hong Kong auction on April 10th after the final bid failed to reach the reserve price. The stone was expected to sell above USD $13 million or RM40,918,150 but the highest bid only reached $9.4 million or RM29,586,970.

That didn’t seem to dampen interest, however, as within just a few hours of the auction closing the stone was sold to a private buyer for an undisclosed amount.

Via Luxist