Most expensive Barbie auctioned

Melbourne: A Barbie with jewels designed by Australia`s Stefano Caturi, believed to be the most expensive Barbie in the world, has been auctioned for 302,500 dollars at Christie`s in New York.

Mattel, the company behind the world`s most famous doll, commissioned Canturi to create a finger-wide neckpiece and tiny matching ring to promote its new Barbie collection, reports the Age.

The jewellery-set features a necklace made from three carats of white diamonds set around a one carat, square emerald-cut pink diamond.

Mattel sent their bejewelled Barbie on a whirlwind tour to London, Geneva and Hong Kong before returning her to New York for the auction where the distinctive, purplish-pink diamond - a highly collectable, registered tendered stone from the Australian Argyle mine - was the drawcard.

According to the auctioneer Christie`s in New York, “the modified square-cut fancy vivid purplish pink diamond transcends this exceptional Barbie into a historical investment piece.”

Canturi has also made history as the first Australian jeweller to create a fragrance and launch it world-wide.