Rare Blue Diamond Auctioned over $40 Million

GENEVA: A rare blue diamond reportedly sold for over $40 million in a Christie’s auction in Geneva.
According to a BBC report, the 17.61-carat, pear-shaped Bleu Royal diamond which was set in a ring has been sold for $43.8 billion. According to the British auction house Christie’s, the rare diamond is reportedly the “largest internally flawless fancy vivid blue gem” to ever appear for a sale in auction history.
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For the time, since being a part of the collection for nearly fifty years, the Bleu Royal was part of the auction for sale. Founded in 1766 by James Christie, the auction house said in a statement: “This diamond is amongst the rarest to have been unearthed”.
According to Christie’s, only three fancy vivid blue diamonds above 10 carats have ever appeared in its 250-year auction history. First in 2012, in 2014, and in 2016. Christie’s confirmed that in 2016, it sold the 14.62-carat Oppenheimer Blue for more than $57 million.
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Max Fawcett, head of jewellery at Christie’s Geneva auction house told AFP, “We are extremely pleased”. Fawcett elaborated that diamond proved to be “the most expensive jewellery lot sold in all of 2023”.
Aside from the rare Bleu Royal, Christie’s also sold a Rolex watch for $5 million. The watch was reportedly worn by Marlon Brando for his film Apocalypse Now and had “M. Brando” hand-engraved on the back.
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Currently, Christie’s is also carrying out an online sale of a pearl necklace once worn by Audrey Hepburn for the final scene of her film Roman Holiday. The online sale is scheduled between 3rd and 16th November, 2023.
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