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blue diamonds

A new deep blue diamond unveiled!

April 17, 2019

A a super rare "Fancy Deep Blue" diamond weighing more than 20 carats was unveiled Wednesday from Botswana — the largest natural blue diamond discovery that has ever been made in the country. The marvelous diamond exceeds the clarity and purity its world-famous predecessor, the Hope Diamond. 

The oval-shaped diamond was discovered as a 41.11 carat rough stone. It was then cut and polished, retaining 20.46 carats.

Blue diamonds of such size are very uncommon and through out history have only sporadically been found.

Botswana unveiled the 'Okavango Blue,' a rare blue diamond weighing more than 20 carats and the largest blue diamond discovery ever made in the country. (Photo Credit: Okavango Diamond Company)

Botswana unveiled the 'Okavango Blue,' a rare blue diamond weighing more than 20 carats and the largest blue diamond discovery ever made in the country. (Photo Credit: Okavango Diamond Company)

Sotheby's sells pink, blue diamond earrings for about $51M

ABC News - Sotheby's sold a pair of pear-shaped diamond earrings at a hammer price of about $51 million Tuesday, though the 14.54-carat flawless Fancy Vivid Blue diamond that was the auction's highlight fell short of the expected range.

Sold as separate lots, the "Apollo Blue" and "Artemis Pink" diamonds together cracked the low end of the expected range of $50 million to $70 million, but were a record for earrings sold at auction, Sotheby's said.

The earrings were the standout offerings at a Geneva auction of nearly 400 pieces of jewelry that reaped more than $150 million altogether.

At the hammer price, excluding fees, the Apollo Blue — the largest internally flawless Fancy Vivid Blue ever sold at auction — went for 37 million Swiss francs ($37.5 million), Sotheby's said. The total cost was $42.1 million, including the "buyer's premium."

Auctioneer David Bennett, chairman of Sotheby's international jewelry division, called that a "very healthy price."

The matching, 16-carat pink diamond went for a hammer price of about $13.5 million. Overall, the pair went for a total, including fees, of more than $57 million.

Bennett declined to identify the buyer who snapped up both lots, but the auction house did say the buyer was renaming the gems as "The Memory of Autumn Leaves" for the blue diamond earring and "The Dream of Autumn Leaves" for its pink sister.

A Sotheby's employee displays the Apollo blue diamond and the Artemis pink diamond earrings during a preview at the Sotheby's, in Geneva, Switzerland. Sotheby's sold a pair of pear-shaped diamond earrings at a hammer price of about $51 million Tuesday, May 16, 2017, though the 14.54-carat flawless Fancy Vivid Blue diamond that was the auction's highlight fell short of the expected range.   Image courtesy of Sotheby’s

A Sotheby's employee displays the Apollo blue diamond and the Artemis pink diamond earrings during a preview at the Sotheby's, in Geneva, Switzerland. Sotheby's sold a pair of pear-shaped diamond earrings at a hammer price of about $51 million Tuesday, May 16, 2017, though the 14.54-carat flawless Fancy Vivid Blue diamond that was the auction's highlight fell short of the expected range.

Image courtesy of Sotheby’s