Thursday, March 11, 2010

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Rare blue diamond sells for £6.2 million at auction

Posted by infozonenews On May - 13 - 2009

One of the rarest forms of diamond, the blue diamond fetched a record breaking 10.5 million Swiss Francs (£6.2m) at an auction house in Geneva. The diamond, which weighs 7.03 carats, is so rare that there is only a handful in existence.

The diamond was mined in the South African Cullinan mine last year, and once inspected, was graded flawless; the highest grade given to a diamond. The rarity of these diamonds is down to the fact that there are only a few places in the world that mine for blue diamonds.

 World renowned auctioneer David Bennett said that: “It is a new world record price for a blue diamond.”

He also added, “For people who are looking to buy something that nobody else has, or somebody who wants something that is beyond beautiful, a blue diamond is going to be very difficult to find, so when they appear on the market, you have to have a go.”

The winning bidder will now get to name the diamond, which is mounted in a platinum ring, but has so far wished to remain anonymous.

1 Response

  1. Billy Said,

    Woooh £6.2 million that’s loads even for a diamond

    Posted on July 1st, 2009 at 1:44 am

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