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Blue diamond ring could fetch $25 million at auction

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ASSOCIATED PRESS

A model showed ‘The Sky Blue Diamond’ ring at the auction house Sotheby’s in London today. The mesmerizing and rare vivid blue diamond weighs 8.01 carats, mounted by Cartier, will be on auction on Nov. 16, 2017 with an estimate of 15-25 million dollars.

LONDON » A diamond ring that’s the ultimate in bling is set to go under the hammer, with an estimated price of $15 million to $25 million.

Sotheby’s auction house says the Cartier ring holds an 8.01 carat blue stone named the Sky Blue Diamond. It will be displayed in London on Thursday through Monday before a sale in Geneva on Nov. 16.

David Bennett, chairman of Sotheby’s jewelry division, said Tuesday that the diamond was a “wonderfully clear celestial blue, presented in an extremely elegant square emerald cut.” He said it would “captivate all collectors of exceptional gemstones.”

In May, the 14.62 carat “Oppenheimer Blue” diamond sold for more than $57.6 million, including fees, crushing the previous record for the most expensive diamond ever sold at auction.

6 responses to “Blue diamond ring could fetch $25 million at auction”

  1. loves to read says:

    I hope my husband sees this and buys it for me. I’ll never whine at him again.

  2. islandstyl says:

    If I win the bid I’m going to drop it into the Molokai channel.

  3. youngblood says:

    Why do people get so crazy $$$ about a “rock” ?

  4. cojef says:

    The Kadashians may blink an eye, her hold-up diamond ring in a Paris up-scale hotel cost over $4 million.

  5. WizardOfMoa says:

    Sure looks like the lady of our family’s sapphire ring! Matter of fact family’s ring looks nicer and cost less than a second hand car!

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