Rare ‘Sky Blue Diamond’ Expects to Fetch $25 Million at Auction

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Photos: Getty/ Sotheby's

Something borrowed, something blue? Look no further then, as Sotheby’s will be auctioning off a rare blue diamond that will surely steal the heart of one lucky bride. The 8.01 carat stunner is certainly bluer than blue, and in Worldwide Chairman of Sotheby’s International Jewelry Division David Bennett’s words, a “wonderfully clear celestial blue.” That might explain the dazzling gem’s chosen moniker, “The Sky Blue Diamond”.

Blue is one of the rarest colors a diamond could naturally have, often taking the auction world by storm, fetching record smashing prices that go into tens of millions of dollars.

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Hitting the auctions at Sotheby’s Geneva Jewelry sale this November 16, The Sky Blue Diamond is expected to fetch up to $25 million. The Fancy Vivid blue diamond is given the highest possible color grading by the Gemological Institute of America (GIA), placing it at the top one percent of all GIA-graded blue diamonds.

Set in a mount by Cartier, the square emerald-cut gem has also been categorized as Type IIb, which is excessively rare, since less than 0.5 percent of all diamonds in the world share a similar category. Other white diamonds encircle the blue beauty, whose utter brilliance still stands above the rest.

The mystical blue diamond is no stranger to smashing auction records, with notable gems including the recently auctioned Oppenheimer Blue, which exceeded expectations with a staggering $57.5 Million bid. The rectangular-cut gem, which is the largest of its kind to hit the auction block, surpassed the $48.4 million, 12.03 carat Blue Moon of Josephine.

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