Flawless Blue Diamond Will Be Largest Ever To Be Auctioned

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Photos: Sotheby's

The largest fancy vivid blue diamond is set to hit Sotheby’s Hong Kong come April in a record-breaking auction. De Beers Millennium Jewel 4 will be the largest ever of its kind to be auctioned. Weighed at a whopping 10.10 carats, this dazzling, internally flawless gem was first presented in 2000 by De Beers in their Millennium Jewels Collection. Tragedy almost struck that same year when this fancy vivid, among other priceless gems, was almost stolen in the failed Millennium Dome raid of 2000. Almost $500 million worth of diamonds were at stake at what could have been the biggest robbery of all time.

Because of its rareness and quality, the De Beers Millennium Jewel 4 exquisite gem is said to fetch upwards of $30 million.

“Blue diamonds of any intensity of colour are amongst the rarest of all gems. Highly saturated blue diamonds over 10 carats combined with an Internally Flawless clarity grade are extremely rare,” says Tom Moses, executive vice president and chief research and laboratory officer of the Gemological Institute of America (GIA).

First displayed in London for viewing, the De Beers Millennium Jewel 4 is currently on a tour of Singapore, Geneva, Taipei and Hong Kong before the April auction at the Sotheby’s Hong Kong Magnificent Jewels and Jadeite sale.

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