The De Beers Millenium Blue Fetches 1.25 Million Each Carat

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Sothebys auction is in news again. This one was held in Hong Kong this week and had a sky blue diamond fetch a sky high price tag. This precious ice is five.16 carat and went below the hammer in the Hong Kong Magnificent Jewels and Jadeite Spring Sale. Apprently, the Sothebys specialists had estimated its expense in between 4.6 million and five.8 million but that was far from the actual value. Londons Moussaieff Jewelrs gave the winning bid which was a enormous six.four million.

A quite uncommon diamond, its vivid blue has been identified to be internally shoes. In reality, it was also the very first blue diamond from the De Beers Millenium Jewels Collection to participate in an auction. So, costing 1.25 million for each carat, the De Beers Millenium Blue (yes, thats the fashionable name its obtained) has surpassed the value every carat of the considerably well-known Wittelsbach Diamond. It came fairly close to the one.35 million each carat for a 7.03 carat blue diamond and also the five carat fancy intense pink diamond that was sold in Hong Kong final year on the selling price of 2.one million per carat.

The man who personally selected the diamonds
for the collection, Andrew Coxon, mentioned that he would have loved to invest in the diamond back for Dee Beers but he was extremely pleased for the new owners for they indeed got the diamond of all diamonds.