Jewelry News

The Bvlgari Blue Diamond Shocks Auction World

September 15, 2010

The largest triangular-shaped fancy vivid blue diamond ever to appear at auction is set to lead Christie's October 20^th jewelry sale. See why the top collectors are drooling.

Christie's announced it will offer 'The BVLGARI Blue Diamond' - a stunning two-stone diamond ring designed by the legendary house of BVLGARI in the 1970s to lead their flagship Jewels: The New York Sale on October 20th .

The ring features a triangular-shaped, colorless diamond of 9.87 carats paired with a stunning triangular-shaped Fancy Vivid blue diamond of 10.95 carats - the largest Fancy Vivid blue diamond of this cut ever to be offered at auction.

Fancy Vivid blue diamonds of this size are among the rarest of colored diamonds - only one in about 10 million will possess a color pure enough to qualify. The ring is expected to achieve in excess of $12 million and is positioned to become one of the top-selling diamonds at auction in 2010.

Rahul Kadakia, Head of Jewelry for Christie's Americas commented in a release,

"The appearance of this sensational jewel on the market is causing a huge stir amongst top jewelry collectors worldwide. This ring's exceptional quality, rarity and size combined with the coveted imprimatur of the house of BVLGARI make this upcoming sale a truly special event in the world of jewelry and one that is certain to make auction history."

The ring comes from a wealthy private European collector, who gave it to his wife in celebration of the birth of their first baby boy. The initial sale price in 1972 was about $1 million, a fortune at the time.

But this isn't the only blue diamond to make history. Check out the stone that holds the world record for the most expensive diamond - or piece of jewelry for that matter - ever sold at auction.

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