Rare Blue Diamond Sells At Auction

by Deidre Woollard (RSS feed)
May 19th 2008 at 12:02PM

Overall, the jewelry market has seen signs of weakness lately but the tip of the market is still strong. The blue diamond shown above is a 13.39 carat stunner which sold for a world record price of $8.9 million at a sale at Christie's in Geneva last Wednesday. Blue diamonds of this size are rather rare. The stone is a type IIb diamond. Type IIb diamonds are prized by jewelry lovers and collectors and contain small amounts of boron which gives them their color. They also have the property of being semi-conductors that conduct electricity. The auction brought in nearly $48.3 million total.

[via JCK Online]

Tags: auction, blue diamond, BlueDiamond, christies

Filed under: Jewelry

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Reader Comments (Page 1 of 2)

billy louvre May 19th 2008 9:42PM

it actually made $58million...you're off by $10m.

Victoria C May 20th 2008 3:08PM

$58 million - $48.3 million = $9.7 million. Not $10 million.

phillipthemoose May 20th 2008 4:12PM

Hey Victoria C, 9.7 m is rounded to 10, because when you have 1 and a half of something, in math, it is always rounded up to the next whole number. duh!

S. Lane May 20th 2008 2:56PM

Oh darn, I just missed out on the auction. I so wanted that little rock, it matched my doggies eyes.

Al Schrader May 20th 2008 4:23PM

What's the most valuable thing on earth?
Diamonds ? no
Emeralds ? no
Gold/platinum ? no
It's that gray stuff that is in people's heads.
Bill Gates used his gray matter to make $50,000,000,000
dollars and he never mined even one diamond.

Al

James Di Pietro May 20th 2008 5:29PM

WITH 25,000 PEOPLE A DAY DYING OF STARVATION, MOSTLY WOMEN AND CHILDREN. ( YES THE FIGURE IS CORRECT ) I WONDER HOW MANY PEOPLE COULD HAVE BEEN SAVED WITH THE MONEY SPENT ON THAT DIAMOND ? OR THE BILLION A MONTH BUSH THROWS AT IRAQ TO KILL RATHER THAN FEED THE STARVING.

john May 20th 2008 6:18PM

i dont know if people know this but ....WEALTHY PEOPLE HAVE BEEN BUYING JEWELRY FOR 100s OF YEARS NO ONE EVER BITCHED AT THEM TO SPEND IT ON POOR PEOPLE

Kate May 20th 2008 7:48PM

Stop bitching! They can spend their money any way they want. It's none of your business.

Beth May 20th 2008 5:35PM

wow, that is really pretty. I'm not a big jewelry fan, but that diamond would be really pretty on the right person. It would also be a great thing to draw, I've never really tried drawing diamonds before. That's a lot of money too, I'll bet they're drooling over it right now ♥_♥

Beth May 20th 2008 5:34PM

yeah, bush has made mistakes. but he's a better president than hillary or obama. it's not his fault so much money is being spent on one little diamond.

MICHAEL C COOPER May 20th 2008 5:51PM

BUCK FUSH AND EVERY THING HE STANDS FOR.. DO YOU THINK ALL THE MONEY BEING MADE ON OIL THAT GEORGE W.BUSH DON'T HAVE HIS SHARE BEING SET ASIDE. THE UNITED STATES HAS BEEN EXPOSED TO SO MUCH INFO THAT WE HAVE LOST THE FEELING OF WHAT IS RIGHT IN FRONT OF YOUR FACE.NO ONE WITH MONEY CARE WHETHER PEOPLE DIE OR JUST DON'T EAT.

mary miller May 21st 2008 11:20AM

you just cant stand it that you republican president is a piece of s--t can you

VIC POWERS May 20th 2008 5:44PM

James Di Pietro said...
WITH 25,000 PEOPLE A DAY DYING OF STARVATION, MOSTLY WOMEN AND CHILDREN. ( YES THE FIGURE IS CORRECT ) I WONDER HOW MANY PEOPLE COULD HAVE BEEN SAVED WITH THE MONEY SPENT ON THAT DIAMOND ? OR THE BILLION A MONTH BUSH THROWS AT IRAQ TO KILL RATHER THAN FEED THE STARVING.

hey, mr.sadface, why don't YOU stroke a check for the poor starving people instead of running down someone you know zero about... you have no idea whether they donate to worthy causes or not, now do you?

MI COOPER May 20th 2008 5:57PM

NICE ROCK HOW MUCH WILL IT BE WORTH WHEN JESUS COMES BACK

cat May 20th 2008 6:10PM

actually, the most valuable thing on earth is life. a diamond can be replaced if lost.

cat May 20th 2008 6:16PM

Hey, Mr. Cooper-all I have to say is that we should close down the ports, bring our people home and live off of our own land for the next 10 years! Our native American Indians have done it for centuries.

Jeanne Wolf May 20th 2008 6:34PM

With all the thoughtless people selling their antique gold jewels and family treasures to be melted down into bullion, I AM SO HAPPY THERE ARE PEOPLE RICH ENOUGH TO SAVE SOME OF THE WONDERFUL GIFTS FROM OUR EARTH LIKE DIAMONDS.

josh May 20th 2008 6:44PM

5-20-2008 @ 5:57PM

MI COOPER said...
NICE ROCK HOW MUCH WILL IT BE WORTH WHEN JESUS COMES BACK

i laugh at that :)

i do cuz cooper seems absolutly positive this folk "jesus" is coming back :P

look at science evolution is a fact not a hope :)

Diana May 20th 2008 7:03PM

Take that money and feed hungry people!

Jac May 20th 2008 7:18PM

Okay. All you people who say that money should go to the starving shut up... I earn my money and I can spend it anyway I want. You take all your money and give it to the por. Instead of b-day gifts and holiday presents give all that money to the poor. How about all the money you spend to buy ur computer. Give it to the poor. If I have no right to spend my money at auction then you have no right to spend yours anyway either.

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