Diamonds are known for their crystal clear appearance, but there are actually many versions of the stone that are favored because of their intense coloration. A recent purchase of a stunning blue diamond has created quite a stir because of its record breaking price. Stones with a pink or blue hue can actually command lofty bids when the right characteristics are present.
A perfect example is the famous Hope Diamond, which is a gorgeous blue diamond that has earned recognition throughout the world. The gem that was sold may be dwarfed by the Hope’s generous 45.52 carat size, but it is still a piece with enormous beauty and value.
A Breathtaking Diamond at an Equally Breathtaking Price
The blue diamond that was sold on November 14th, 2012 measured 10.48 carats and featured a drop shape. The piece was made desirable because of its intense deep blue hue and flawless appearance. Before the sale, the stone was estimated to go for between 3.2 and 4.2 million francs. Many in attendance at the auction were anxious to have a chance at owning the blue beauty. After a tense bidding match, the stone was officially sold for an amazing 10.27 million Swiss francs, which is the equivalent to $10.86 million U.S. dollars.
Not only did this rare specimen earn a high sale price, it also broke international records. The purchase makes this blue diamond the most expensive ever sold of its kind in the world. The winning bidder, London jeweler Laurence Graff, will likely go down in history with his azure prize for being the man who paid out more than $1 million a carat for the stone.