Update: World’s Most Expensive Barbie Sells for $302,500

On October 20th, the world’s most expensive Barbie adorned in diamonds was sold to an anonymous bidder at Christie’s “Jewels: The New York Sale” for an astounding $302,500. While the winning bid was at the low end of the auctioneer’s estimated $300,000-$500,000, it still makes it the most expensive Barbie ever sold. The last record-shattering Barbie sold in 2006 for $17,091.

“The modified square-cut fancy vivid purplish pink diamond transcends this exceptional Barbie into a historical investment piece.” said Christie’s in New York auctioneer highlighting the rarity of the Australian Argyle pink diamond.

Canturi, the doll’s accessory designer, spent 6 months working on the Barbie. He told Fairfax Media that he specifically searched for one of the rarest diamonds in the world to adorn the doll’s neck. “And pink is absolutely perfect for Barbie,” Canturi said. Pink is also perfect for October, being breast cancer awareness month. Those who feel uneasy about a Barbie selling for that amount should take comfort knowing all proceeds of the sale will go towards American National Breast Cancer Research Foundation. Watch as jewelry designer Stefano Canturi and Mattel spokesperson Robert Best unveil the Barbie during Australian Fashion Week in the video below.