After the world’s most expensive blue diamond, The Wittelsbach, was sold to diamond dealer – Laurence Graff – last year for $24.3 million, Sotheby’s has another impressive blue diamond for the next auction.
Despite the economic woe, apparently sales for big, rare stones are still going strong. The new diamond is a fancy vivid blue gem weighing 7.03 carats and is rated internally flawless – high praise for a natural stone. Petra Diamonds, the diamond mine, unearthed this rare gem from the Cullinan mine in South Africa.
The blue beauty will be shown in Hong Kong, Paris, New York and London before winding up in Geneva for the Sotheby’s auction on May 12th, where it is estimated to sell for as much as $8.5 million.
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