I’ve got the blues today. In a good way.
Sotheby’s Hong Kong unloaded one whopper of a flawless blue diamond today for a mere 6.4 million USD. The rare, 5.16-carat rock was snatched up by London’s famed Moussaieff Jewellers, who paid more than the 5.9-million dollar estimated price tag for the gem.
The pear-shaped stone is the first of 11 blue diamonds from the celebrated De Beers Millienium Jewels Collection to appear at auction.
“The price was above the high estimate,” a spokeswoman for auction house Sotheby’s told AFP.
But the world per-carat record for a blue diamond remains the 10.5 million dollars paid by a Hong Kong property tycoon for a seven-carat blue diamond in Geneva in May last year.
What are they putting in the water in Hong Kong? And can I fill a pool with it?
Sotheby’s said gem sales in Hong Kong were on the rise — the city has overtaken New York to become the company’s second biggest market after Geneva.
Terry Chu, deputy head of Sotheby’s jewelery department for China and Southeast Asia, said diamonds were particularly appealing to new Asian buyers because of their stable prices and assured quality.
“There have been a lot of new diamond buyers from mainland China, Hong Kong, Singapore, Taiwan and elsewhere in the region,” Chu told AFP.
You had me at “Lei Hao”
I’ve got one doozy of a ‘lower jaw drop’ alert, jewelry lovers. Christie’s reports that the storied ‘Evening Star’ diamond recently sold for a whopping $5.4 million, the latest in a line of remarkable diamonds to dazzle at auction.
According to a press release, the 39-carat, D color diamond from India’s famed Golconda mines was snatched up by an anonymous buyer, paying $138,000 per carat for the diamond dubbed the “Evening Star” because its previous owner liked to wear it out at night.
How charming for them.
The icy rock was part of Christie’s “Magnificent Jewels from a Distinguished Private Collector” sale, held Thursday in New York.
The sale of the “Evening Star” comes on the heels of the record-setting $10.8 million sale of “The Vivid Pink” diamond Dec. 1 in Hong Kong and the $7.7 million sale of the 32.01-carat D-flawless Annenberg Diamond in October.
“The diamond market continues to show remarkable strength despite the volatility of the financial world,” Rahul Kadakia, head of jewelry at Christie’s New York, said in the release.
My question is: who wears these things in the light of day? Don’t you have to have a body guard brigade following your every move? Or is it something these folks will just keep in a showcase for or a vault somewhere for their own personal enjoyment (which would be a crying shame)?
What would you guys do with a rock that size? Weigh in!