After the world’s most expensive blue diamond, The Wittelsbach, was sold to diamond dealer – Laurence Graff – last year for $24.3 million, Sotheby’s has another impressive blue diamond for the next auction.
Despite the economic woe, apparently sales for big, rare stones are still going strong. The new diamond is a fancy vivid blue gem weighing 7.03 carats and is rated internally flawless – high praise for a natural stone. Petra Diamonds, the diamond mine, unearthed this rare gem from the Cullinan mine in South Africa.
The blue beauty will be shown in Hong Kong, Paris, New York and London before winding up in Geneva for the Sotheby’s auction on May 12th, where it is estimated to sell for as much as $8.5 million.
Tags: auction house, biggest diamonds, blue diamond, carat, Cullinan, diamond, expensive, jewelry news, rarities, Sotheby's
October 11th, 2009 at 10:03 pm
Internally flawless fancy blue diamonds are very rare!
September 14th, 2010 at 11:45 pm
this is awesome, blue diamonds are wonderful! i love it!