December 14th, 2024

Blue diamond sells for more than $44 million at Christie’s auction in Geneva

By The Associated Press on November 7, 2023.

GENEVA (AP) – The largest fancy vivid blue diamond to ever come to auction sold Tuesday for more than $44 million, far outstripping the pre-sale estimate, Christie’s said.

The “Bleu Royal” – a ring featuring a fancy vivid blue pear-shaped diamond of 17.61 carats – was one of the standout pieces to go under the hammer at the auction house for Geneva’s Luxury Week.

Christie’s had estimated the ring would fetch around $35 million.

The auction house said the sale made the “Bleu Royal” the most expensive jewel sold at auction this year.

Christie’s said the gemstone would be handed over to another private collection for the first time in 40 years.

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