Feb. 16 (UPI) — A twelve. 1-carat blue diamond can expected to fetch at least $48 million when it goes to more effective in April in Hongkong, Sotheby’s announced Wednesday.
Known as the De Brewskies Cullinan Blue, the gemstone is the largest diamond accompanied by fancy vivid blue level to head to auction, based on the auction house. The Gemological Société of America awards the entire fancy vivid blue — its highest color grading for blue diamonds — to about 1% for diamonds submitted to it.
The not often jewel is larger than typically the 14. 6-carat Oppenheimer Unknown diamond that sold for a great deal $57. 54 million at about a Christie’s auction back in 2016.
Most of the $48 million price tag will likely be the highest estimate ever designed into a blue diamond coming from auction.
“Blue diamonds of any kind will most certainly be rare on the market, but essentially rarest of the rare; absolutely of remotely similar competence has appeared at internet websites in recent years, ” said Patti Wong, chairwoman of Sotheby’s Asia.
“Hundreds of years in the choosing, this extraordinary blue diamonds is surely one of nature’s most up to date creations. Now brought to remarkable life by the hand of just one of the world’s most proficient cutters, it is the ultimate work of genius — as rare and therefore desirable as the very easiest works of art. ”
Sotheby’s said that diamond was discovered on Cullinan Mine in Newcastle, south africa in 2021. The ours is one of the few sources of violet diamonds in the world.
The Cullinan Mine used to be home to many other important diamonds, including the Great Music artist of Africa and Quite Star of Africa — both of which are in the English crown jewels — problematic 507. 5-carat Cullinan Heritage Diamonds found in 2010 and beyond.
The the color blue color in the De Cans of beer Cullinan Blue is a result from trace amounts of the infrequent element boron within the diamond’s lattice structure.
“Among the rarest in stones in what is arguably the maximum desirable of colors — very beneficial and vivid, but in the process calm and majestic — it must surely rank numerous greatest wonders of the 100 % pure world, ” said Wenhao You, chairman of jewelry and watches at Sotheby’s China. “It is literally irresistible. alone
Sotheby’s expects rare blue diamond-patterned to fetch $48M to be found at auction
Source: Philippines Majesty
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