Rare Blue Diamond Breaks Auction Record

» 10 October 2007 » In diamonds, Guide, money »


Rare Blue Diamond Breaks Auction Record

The flawless 6.04 carat Blue Diamon was sold today for $7.98 million (or £3.91 million, the dollar is so weak right now. It can really hurt when you need to pick up some custom suits…Savile Row), the highest ever paid for a rare gemstone at auction per carat. It was expected to go for $6 million at Sotheby’s in Hong Kong.

My contacts tell me the bidding was pretty intense, as the Blue Diamond attracted potential heavyweight buyers from around the world. Blue Diamonds really only come from the Premier Mine in South Africa where the chances of finding one is a longshot, to say the least. Another famous Blue Diamond is the Hope Diamond (the largest in the world, at 45.52 carats) which now resides in the Smithsonian Institute in Washington D.C. (were I have spent many an afternoon casing it).

The “Hancock Red” diamond, which fetched $926,000 (£456,000) per carat in New York in April 1987.

The Blue Diamond was bought by Moussaieff Jewellers and will be locked a vault in Mayfair. I have been meaning to go to London soon, anyway, this just gives me another reason.

The Rest is Up to You…

Michael Porfirio Mason
AKA The Peoples Champ
The Guide to Getting More out of Life
http://www.thegmanifesto.com

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5 Comments on "Rare Blue Diamond Breaks Auction Record"

  1. The G Manifesto
    Mariah Milano
    10/10/2007 at 7:09 pm Permalink

    I love blue diamonds.

  2. The G Manifesto
    Alan Golder - Dinnertime Bandit
    11/10/2007 at 11:18 pm Permalink

    I already have the architectural plans.

  3. The G Manifesto
    Anonymous
    12/10/2007 at 8:55 am Permalink

    Thieves take €20 million in jewels in Paris heist

    http://www.iht.com/articles/2007/10/11/america/theft.php

    Tafari

  4. The G Manifesto
    The G Manifesto
    16/10/2007 at 4:59 am Permalink

    Tafari,

    Saw that. Solid heist.

    Michael Mason

  5. The G Manifesto
    Jana Kaderabkova
    22/10/2007 at 6:38 pm Permalink

    beautiful

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