February 3, 2023

World’s largest blue diamond to come to auction has sold for $57.5 million

2 min read

written by Jackie Plumbo, CNN
Sana Noor Haq, CNN

The world’s largest ever auctioned blue diamond sold for 450,925,000 HKD, or .5 57.5 million.

According to Sotheby’s, after an eight-minute bidding battle between four prospective buyers, the 15.10-carat large step-cut gem sold at Hong Kong’s Sotheby’s was named “The Bear Cleanon Blue.” The winning bid, which surpassed its highest estimate of $ 48 million, came from An anonymous buyer by telephone.

Rare diamond was found In 2021 at the Kleinen mine in South Africa, and it has achieved the highest ranking which is estimated to be colored diamonds.

According to a statement from Sotheby’s, the Gemological Institute of America (GIA) classified the jewelry as “fancy bright blue” – a high color rating, which is 1 of the blue diamonds submitted to the organization. Not more than percent.

Describing the diamond as “extraordinarily rare,” Sotheby’s said in a statement that only five pieces of jewelry over 10 carats were up for auction. No one is taller than 15 carats, “makes the appearance of this flawless jewel a historical event in itself.”

With a final price of $ 57,471,960, The De Beers Cullinan Blue offered a slight rebate from setting a record for the most expensive blue diamond ever sold at auction. The title is still held by the 14.62 carat “Openheimer Blue”, which sold in 2016 with a final price of $ 57,541,779, a difference of just under $ 70,000.

Patty Wong, chairman of Sotheby’s Asia, said in a statement: “This is indeed a breed of stone, and the largest blue diamond of its size I have ever seen.”

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