|The Very Highest Quality Diamonds...|
Sotheby's Hong Kong
Although Sotheby's are known best as a London auction house, they have offices or offshoots in a number of major cities thoughout the world, including Hong Kong, which it only opened in 2004.
October 8th 2007 Magnificient Jewels and Jadeite LOT 1128
This was the last lot in the sale, and certainly not the least. In fact, we presume that it was chosen to created a spectacular grand finale, which it appears to have succeeded in doing.
The following is taken from the catalogue.
PROPERTY OF AN ASIAN PRIVATE COLLECTIONDescription
SUPERB AND RARE FANCY VIVID BLUE DIAMOND AND DIAMOND RING
Estimate 35,000,000 - 48,000,000 HKD
Lot Sold. Hammer Price with Buyer's Premium: 61,927,500 HKD
Simply set with an emerald-cut fancy vivid blue diamond weighing 6.04 carats, flanked on each side with an emerald-cut diamond, mounted in platinum, photographed unmounted.
Accompanied by two GIA reports both numbered 10838933, dated 20 August 2007 and 21 September 1999, stating that the 6.04 carat diamond is natural, Fancy Vivid Blue colour, Internally Flawless clarity; also accompanied by a classification report, stating that the diamond has been determined to be a type IIb diamond. Diamonds of this type and colour, as well as possessing a superior quality, are very rare in nature (usually less than one half of one percent) and contain small amounts of boron that can give rise to a blue or gray coloration.
Price & Value
While only a few of the wealthiest people in the world could afford to buy such a stone, we happen to own an emerald cut blue diamond of over 8 carats, and our asking price is less than 0.5% of the price. Put another way, the diamond above sold for over 210 times the price of our diamond.
We now have a specialised website exclusively for blue diamonds, called appropriately enough www.bluediamonds.co.uk.
A to Z of Diamonds Glossary
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