06 Jun 2023
DiamondWorld Directory
-
Home |
News
Home
Sotheby Auctions the De Beers Cullinan Blue for $57.5 Million
Bigger than the Oppenheimer Blue, it narrowly missed setting the record for most expensive blue diamond auctioned
By: Diamond World News Service
|
Apr 28 2022 1:25PM
|
Reference: 26303  

DecreaseIncrease
The De Beers Cullinan Blue in its rough avatar
The De Beers Cullinan Blue in its rough avatar

The De Beers Blue diamond was a massive 15.10-carat largest internally flawless step cut vivid blue diamond. The exceptionally rare diamond was sold at Sotheby's in Hong Kong after an eight minute long bidding from four expectant buyers. The Gemological Institute of America classified the jewel as fancy vivid blue and Sotheby's statement informed that only five gems over 10 carats have ever appeared at its auctions and none have ever been over 15 carats, making the appearance of this flawless gem a landmark event in itself. 

Graded by the Gemological Institute of America with a final price of $57,471,960, The De Beers Cullinan Blue just narrowly missed setting the record for the most expensive blue diamond ever to sell at auction. The De Beers Blue was a 39.35-carat rough precious stone when it was discovered by Petra Diamonds in April 2021 at its Cullinan mine in South Africa. In July, De Beers and Diacore bought the stone for $40.2 million, and Diacore manufactured the piece into the final polished. The De Beers Cullinan Blue diamond is bigger than the Oppenheimer Blue, a 14.62 carat stone that set the world record price for a blue diamond at auction in May 2016 when it sold for $57.5 million. In February, London’s Sotheby sold the Enigma, the largest cut diamond ever to come to auction at 555.55 carats for £3.16 million.

Follow DiamondWorld on Instagram: @diamondworldnet
Follow DiamondWorld on Twitter: @diamondworldnet
Follow DiamondWorld on Facebook: @diamondworldnet
Have Your Say
* Your view
* Name:
* Email:
* Town/city:
* Country/State:
*  Company:
 
*  Name:
 
*  Mobile:
 
*  Email:
 
 
Subscribe for DiamondWorld weekly Newsletter
 
Advertisement
DWWeeklypost
Search News by City
Advertisement
DWsubscription
Recent Issue
2023
AVAILABLE NOW...!
News in Pictures
Videos
Young Diamantaires
Pictures: 16
Stunning Jewellery from Cannes 2019
Pictures: 24
Sparkly Jewels at Oscars 2019
Pictures: 19
Golden Globes 2018
Pictures: 15
Spotted: Who Wore What (December 2018)
Pictures: 4
India Diamond Week
Pictures: 8
Spotted: Who Wore What (October 2018)
Pictures: 7
Spotted: Who Wore What (September 2018)
Pictures: 6
70th Emmy Awards
Pictures: 11
35th India International Jewellery Show 2018
Pictures: 46
JJS - IJ Jewellers Choice Design Awards 2015 powered by GIA
Views: 34401
Diamond World Expert Hour with Evgeny Agureev, Deputy CEO, ALROSA
Views: 11706
GJEPC Chairman Interview
Views: 30356
IJ Jewellers Choice Design Awards 2012 - Part 1
Views: 41480
Promo for IJ Awards 2012 at NDTV Profit
Views: 58824
IJ Jewellers Choice Design Awards 2012- Part 2
Views: 72534
Couture India 2016 - A Business Boutique Show by IJ Magazine
Views: 22931
Savjibhai Dholakiya, Surat Businessman (Diamond Merchant) speaks in Vibrant 2015
Views: 52330
IJ Jewellers Choice Design Awards 2013 - NDTV Video
Views: 55049
Member of:
Supporter of: