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jpak

(41,755 posts)
Wed May 18, 2016, 06:13 PM May 2016

Blue diamond soars to world record $57.6 million at Christie's

Source: Reuters

The "Oppenheimer Blue", a large and rare diamond, sold for 56.837 million Swiss francs ($57.6 million) at auction on Wednesday, setting a world record for any gem after a dramatic see-saw bidding process, Christie's in Geneva said.

"It's the most expensive jewel ever sold at auction," Christie's spokeswoman Alexandra Kindermann told Reuters.

The previous record was held by the "Blue Moon Diamond", sold at rival Sotheby's for $48.6 million last November. The new Hong Kong owner renamed that stone the "Blue Moon Josephine".

The Oppenheimer, the largest fancy vivid blue diamond ever offered at auction, is a rectangular diamond weighing 14.62 carats that previously belonged to Sir Philip Oppenheimer, who controlled the Diamond Syndicate in London. It had a pre-sale estimate of $38 million-$45 million.

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Read more: http://www.reuters.com/article/us-art-diamond-idUSKCN0Y92R4

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Blue diamond soars to world record $57.6 million at Christie's (Original Post) jpak May 2016 OP
wow MFM008 May 2016 #1
pic OKNancy May 2016 #2
To me it looks better off than on! nt 2cannan May 2016 #3
That's just gorgeous! nt procon May 2016 #5
Pfft, I can buy a can of Blue Diamond almonds for $1.75 Brother Buzz May 2016 #4
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