#Vibrant Bleu Royal Blue Diamond: The $50 Million Gem Sold at Christie’s
Christie’s held an auction for the vibrant blue gemstone named Bleu Royal, weighing 17.61 carats, on November 7, 2023, in Geneva. This gem was one of the highlights of the Geneva Magnificent Jewels event, with an estimated value ranging from $35 million to $50 million. Bleu Royal has secured its place among the five most expensive blue diamonds ever auctioned.
A Rare Gemstone
Bleu Royal is described as one of the finest gemstones, hailing from a private collection that has remained unknown for the past 50 years. This pear-shaped diamond will make its debut on a ring at the auction, marking a significant event for collectors who cherish fine jewelry.
Praise from Christie’s
According to Rahul Kadakia, global head of jewelry auctions at Christie’s, “This is a magnificent creation by Mother Nature. In our 257-year history, Christie’s has auctioned some of the rarest gems in the world, and Bleu Royal is among them.” This further underscores the value and uniqueness of this diamond.
Rising Value
Due to increased collector demand and limited supply, the prices of particularly colored diamonds have skyrocketed in recent years. Vibrant blue diamonds weighing over 10 carats are extremely rare. Christie’s noted that they have only auctioned three such gems:
– The Bulgari Blue weighing 10.95 carats, which sold for over $15.7 million in October 2010.
– The Winston Blue weighing 13.22 carats, which fetched around $23.8 million in May 2014.
– The Oppenheimer Blue weighing 14.62 carats, which set a world record price of $57.5 million in May 2016.
Other Special Collections
In addition to Bleu Royal, the auction will feature several other valuable pieces, including:
– A Cartier jewelry collection featuring a necklace adorned with various gemstones in the Art Deco style.
– A sapphire weighing 36.45 carats set in a Graff ring.
– A 21.88-carat ruby set in a ring, along with a 96.39-carat sapphire pendant from the jewelry brand Chatila.
Bleu Royal is not merely a gemstone; it is a unique and rare work of art. The auction at Christie’s promises to attract significant attention from enthusiasts and investors alike. If you are a gem lover, don’t miss the chance to admire and possibly own one of the most beautiful diamonds in the world!
