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A remarkable blue diamond is under the hammer of Geneva on Tuesday, selling for $ 21.5 million, Sotheby’s auction auction said.
“The Mediterranean Blue”, a well-cleared blue diamond with 10.3 carats with an estimated amount of $ 20 million, attracts a serious bidding.
The bidding begins with nine million Swiss Francs ($ 10.8 million), with a fierce sold in a private US Collector, which is 17.9 million Francs ($ 21.5 million), Sotheby says.
The Mediterranean Blue, which is a new blue diamond has just been marked from South African’s Cullinan minerals, saying first announced in March, said at the Auction House.
Ahead of the last show of Geneva on Tuesday, it was opened as part of a debut exhibition in Sotheby last month and outstanding “diamonds worth over $ 100 million.
“At the top of the rarity pyramid are blue diamonds,” Quig Briting, heads of gems for Sotheby’s in North America, Europe and Middle East, said Abu Dhabi Show.
After serving as auctioneer in Tuesday’s activity, he smiled the Gem as “undoubtedly determined the stone during”, saying a statement “Rank of the first blue diamonds we sell”.
The Tobias Kormind, the largest online jeamond Jeamond Jeweler 77 diamonds, which is not good, which describes the sale as “less shocking than expected”.
“Diamond exceeds its $ 20 million estimate, suggesting that there is meaningful interest,” he recognized.
“But Broader uncertainty, including the ongoing US-China Trade Tensions, with have dampened bidder confidence and muted what could have been a more frenzied atmosphere.”
This story originally shown Fortune.com
