28 Apr '14, 6pm

World’s biggest blue diamond to be auctioned

World’s biggest blue diamond to be auctioned

The world’s largest blue diamond will go under the hammer in Geneva next month, with the rare gem expected to fetch up to $25 million . “The Blue”, a shimmering pear-shaped rock the colour of cobalt and weighing 13.22 carats was described by Christie’s as “the largest fancy vivid blue diamond in the world.” The gem will be the centrepiece of the auction house’s “Magnificent Jewels” sale in Geneva on May 14 , with an asking price of $21-25 million. If recent auctions in Geneva are any indication though, it could fetch far more. When the world’s largest orange diamond , a 14.82-carat gem called “The Orange”, went under the hammer last November at Christie’s, it raked in $35.5 million compared to its $17-20 million price tag. And a Sotheby’s auction the next day saw the world’s largest pink diamond, known as the Pink Star , fetch $83 million. The auction house was, however, f...

Full article: http://www.luxuo.com/jewelry/world-largest-blue-diamond.html

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