3.47 Carat Blue Diamond Breaks World Record
A cut-cornered rectangular step-cut fancy intense blue diamond weighing 3.47 carats set a price-per-carat world record for a blue diamond after it sold for $1.9-M/carat to reach almost $6.7-M at Sotheby’s Magnificent Jewels Auction.
The gem’s final price nearly 3X’d Sotheby’s (NYSE:BID) pre-sale estimate of between $2 and 2.5-M and pushed up the auction final results to $26.2-M. The blue stone was previously owned by an anonymous Midwestern family.
In total, the fine jewelry broker garnered $34-M across its New York Spring auctions Sotheby’s said in an e-Mail.
According to Sotheby’s, buyers from all over the world flooded New York emptied their wallets by acquiring a 72.96-carat diamond bracelet for $1.4-M and a 13.70-carat Tiffany & Co. (NYSE:TIF) diamond ring for $1.2-M.
|NYSE:BID||54.01||25 April 2018||0.10||53.81||54.23||53.68||166,300|
|HeffX-LTN Analysis for BID:||Overall||Short||Intermediate||Long|
|Neutral (0.19)||Neutral (0.19)||Bullish (0.36)||Neutral (0.03)|
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