News

Advanced Search

Blue Diamond Fetches Almost $2M Per Carat at Bonhams

Apr 24, 2013 1:02 PM   By Jeff Miller
Comment Comment Email Email Print Print Facebook Facebook Twitter Twitter Share Share

RAPAPORT... Bonhams London sold an extremely rare 5.30-carat, fancy deep-blue diamond today for $9.5 million (GPB 6.2 million), or $1.8 million per carat, to Graff. The auction house stated that bidding on this gemstone came from around the world through 25 telephone lines as well as from those in the packed sales roombonhams graff.

The cushion-shape blue diamond is set horizontally with a mount pave-set with brilliant-cut diamonds and course of baguette-cut diamonds in a Trombino ring made by Bulgari,  circa 1965. The ring went to bid with a high presale estimate of $2.3 million.

Jean Ghika, the director of Bonhams jewelry department for Europe, said,  “We are delighted with the price it has made. It was a sensational stone which charmed everyone who viewed it prior to the sale. Blue diamonds, especially those over 5.00 carats, are extremely rare to see on the market and continue to be highly sought-after. We are honored to have handled the sale of such a unique gem.”


Tags: Blue diamond, bonhams, carat, Graff, Jeff Miller, london, record
Similar Articles
Rapaport LogoRapaport Weekly Market Comment
Nov 26, 2020
Positive sentiment as US holiday season begins. NRF retail group forecasts Nov./Dec. sales +3.6% to $755B as consumers
Polished diamondUS Polished Imports Continue to Drop
Nov 22, 2020
The US recorded its 18th consecutive monthly fall in polished-diamond imports as the coronavirus pandemic continued to affect
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First
© Copyright 1978-2020 by Rapaport USA Inc. All rights reserved. Index®, RapNet®, Rapaport®, PriceGrid™, Diamonds.Net™, and JNS®; are registered TradeMarks.
While the information presented is from sources we believe reliable, we do not guarantee the accuracy or validity of any information presented by Rapaport or the views expressed by users of our internet service.