Wednesday 27 September 2023

A Rare 17.61 Carat Blue Diamond Is Expected to Sell for Up to $50 Million


A Rare 17.61 Carat Blue Diamond Is Expected to Sell for Up to $50 Million


While colorless diamonds are the most popular center stones for engagement rings, colored stones are a unique choice that will set your sparkler apart. These gemstones are just as durable as regular diamonds, but they display high levels of brilliance and shine that you can’t find elsewhere. On November 7, 2023, Christie’s Geneva will be auctioning off a colored diamond as part of its “Magnificent Jewels” auction and the rock going on sale is incredibly valuable and one of the “rarest to have been unearthed,” according to Christie’s. The diamond, dubbed “Bleu Royal,” is 17.61 carats and is expected to sell for $35 million to $50 million, per the auction house. “‘Bleu Royal’ is the largest internally flawless fancy vivid blue gem ever to appear for sale in auction history,” Christie’s said in a press release.

The pear-shaped stone with a rich blue color has been part of a private collection for the last 50 years. This is the first time the gem will appear in an auction. “This is a true miracle of nature,” Christie’s International Head of Jewellry Rahul Kadakia said. “Over our 257 year long history, Christie’s has had the privilege of offering the world’s rarest gems at action, and ‘Bleu Royal’ continues this tradition. We are proud to offer collectors the opportunity to own a diamond fit for royalty.”

Source: DCLA

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