Saturday, April 10, 2010

Extraordinary DeBeer's "Millenium Blue" Diamond Sold

The most recent Sotheby's colored diamond auction, held in Hong Kong was a massive success, bringing in a total of $52.4 million and reminding us that while the global economy is uncertain, the market for high end natural color diamonds is not only stable, but growing!

Once one of the 11 outstanding colored diamonds in DeBeer's Millenium Jewels collection, this 5.16ct fancy vivid blue pear shaped diamond exceeded pre-sale estimates, selling for a cool $6.4 million to Moussaieff of London. We say, congratulations on your purchase Sir, and thank you National Jeweler for your coverage of this story!

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