Diamond Dreams

Last October, Sotheby’s set a world auction record when it sold a 6.04-carat fancy vivid blue diamond for $7,981,835 at its Hong Kong sale. It expects to create the same bidding frenzy when a 72.22 D-color, pear-shaped diamond hits the auction block at its Magnificent Jewels and Jadeite Sale on April 10 in Hong Kong. Bidding will start at $10 million for the exceptional-quality stone that is described as the size of large strawberry and is the largest pear-shaped D-color flawless diamond to date to appear at auction in Asia. The sale also presents a rare 3.47-carat fancy vivid blue heart-shape diamond, with an estimated value of $3 million to $3.8 million, and the world’s largest graded intense purple diamond, a 3.02-carat radiant-cut stone, with an estimated value of $1.5 million to $1.8 million. When it comes to the price of rarified diamonds, clearly the sky is the limit.  (www.Sothebys.com)

?Jill Newman

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