The Bvlgari Blue Diamond Shocks Auction World

The largest triangular-shaped fancy vivid blue diamond ever to appear at auction is set to lead Christie’s October 20th 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.

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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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