The Blue Moon Diamond for $48.5 Million
GENEVA – A new world auction record for any diamond of any colour was set when the sensational Blue Moon Diamond sold for CHF 48.6 million ($48.5 million) (over $4 million per carat) at Sotheby’s in Geneva (estimate: $35-55m). Among the world’s largest known fancy vivid blue diamonds, the exquisite stone weighing 12.03 carats, boasts internally flawless clarity and truly outstanding colour. The prior auction record for any diamond had been held by The Graff Pink (24.78 carats), which sold for US$46.2 million at Sotheby’s Geneva in 2010.
‘THE BLUE MOON’ AN EXCEPTIONAL FANCY VIVID BLUE DIAMOND RING SOLD FOR CHF 48.6 MILLION ($48.5 MILLION).
The exceptional result for The Blue Moon Diamond importantly marks a new auction record price-per-carat for any diamond – far surpassing the benchmark established just last year at Sotheby’s New York by The Zoe Diamond ($3.3 million per carat) – as well as a new auction record price for any jewel – a title also formerly held by The Graff Pink.
The Blue Moon Diamond was the star lot in CHF 139.6 million (US$139 million) Magnificent Jewels and Noble Jewels sale falling just short of the record total for any jewellery auction set at Sotheby’s in Geneva in May 2015. The sale was further highlighted by a Superb Fancy Vivid Purple-Pink Diamond Ring, which sold for CHF 13.9 million ($13.9 million), an auction record for a fancy vivid pink diamond.
Read the full article on Art Market Magazine Issue#19
