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Article: Famous "Fancy Vivid" Diamond Could Fetch 50 Million Dollars At Auction

Famous "Fancy Vivid" Diamond Could Fetch 50 Million Dollars At Auction - DSF Antique Jewelry
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Famous "Fancy Vivid" Diamond Could Fetch 50 Million Dollars At Auction

The largest blue diamond in the "fancy vivid" class (the highest color intensity grade) could fetch a price of up to 50 million dollars at an auction at a Christie's sale of rare jewels in Geneva on Nov. 7

The exquisite stone dubbed Bleu Royal is the largest internally flawless fancy vivid blue diamond to ever appear at auction, Christie’s said.

The auction will take place at the Four Seasons Hotel des Bergues and Christie's estimates that Bleu Royal could fetch $35 million – $50 million.

If the gem achieves its estimate, it will be among the top five fancy blue diamonds ever sold at auction.

Bleu Royal - Among The Rarest Gems Of Its Kind

Known as "Bleu Royal," this brilliant blue diamond, mounted in a ring, is among the rarest gems of its kind ever discovered.
Famous "Fancy Vivid" Diamond Million Dollars At Auction
Photo: Bleu Royal Diamond (Picture Source: Christie's)

"What makes Bleu Royal so rare and special is its size. At 17.6 carats, it's the largest of its kind," said Rahul Kadakia, Christie's international head of jewelry, according to Reuters.


"Its color is very rich naturally, and it has flawless internal clarity," he added.

The pear-shaped stone has been part of a private collection for 50 years and is set to go up for sale at the rare gem auction organized by Christie's on November 7th in Geneva.

"This is a true miracle of nature,” Christie’s International Head of Jewelry said.  
 
“Over our 257-year-long history, Christie’s has had the privilege of offering the world’s rarest gems at auction, and Blue Royal continues this tradition. We are proud to offer collectors the opportunity to own a diamond fit for royalty.”

In 2016, Christie's sold a rare 14.6-carat blue diamond, called "Oppenheimer Blue", for over 57 million dollars.

"We hope it will surpass 'Oppenheimer'", said Rahul Kadakia.

"We have toured it all around the world, to Asia, to the U.S. and Europe, and we've had good interest from collectors worldwide", added the specialist from Christie's.

Other Famous Fancy Vivid Blue Diamonds

Fancy vivid blue diamonds of more than 10 carats are extremely rare. According to Forbes, in its history, Christie’s said it has only offered three such gems:

  • The 10.95-carat Bulgari Blue which sold for more than $15.7 million in New York in October 2010
  • The 13.22 Winston Blue which sold for approximately $23.8 million in Geneva in May 2014
  • The 14.62-carat Oppenheimer Blue, which fetched more than $57.5 million, a world record for a fancy blue diamond, in Geneva in May 2016

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