A Bulgari ring with a 3.18-carat pink diamond led a recent sale at Italy’s Aste Bolaffi auction house, where it sold for EUR 2.3 million ($2.6 million).

The piece contains a cut-cornered rectangular, fancy-intense-pink, VS2-clarity, type IIa diamond with 64 additional brilliant and baguette diamonds weighing around 1.93 carats. The jewel, which went under the hammer at the October 8 Fine Jewels sale in Turin, surpassed its EUR 1.2 million ($1.4 million) upper estimate, Aste Bolaffi said last week. It was the most expensive lot the company has ever sold and Italy’s second-highest-priced jewel ever bought at auction.

In total, the sale brought in EUR 4.1 million ($4.8 million), marking a record achievement for the jewelry department, with online bidders from across the globe.

Other top lots included a brilliant-cut, 10.82-carat diamond ring that sold for EUR 55,000 ($63,904) and another ring with an emerald-cut diamond of around 7.02-carats, which fetched EUR 46,000 ($53,447). A modified square-cut, 5.27-carat, fancy-yellow diamond ring realized EUR 42,000 ($48,799), while an O.J.Perrin ring featuring an antique cushion-cut, 7.54-carat diamond with diamonds on the band went for EUR 34,000 ($39,504).