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Can Blue Be for You? Blue Diamonds

Posted by cissy | Posted in Diamond Advice, Diamond History | Posted on 13-05-2009

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Photo by Stewart Leiwakabessy

It appears that the bar is continually being raised when it comes to finding rare diamonds…especially colored diamonds. In this particular case, the diamond we speak of is a gorgeous 7.03 carat, practically perfect blue diamond. To attain this almost absolute perfection, it was cut from an original 27 carat stone. Blue diamonds (second in scarcity only to red diamonds) are some of the rarest precious stones that can be found. What makes this particular diamond especially awesome, is that it is said to be internally ‘flawless’; an uncommon quality when it comes to diamonds…period.

The blue diamond (currently in a ring setting, and as of yet unnamed), will be the main attraction at an upcoming fine jewelry auction, and is scheduled to be auctioned off in Geneva, Switzerland by Sotheby’s sometime in May. It is estimated that it will command a price somewhere within the 5 to 8 million dollar (US) range.

The diamond, hailing from South Africa, and found in the Cullinan mine; was extracted by Petra Diamonds. This particular mine has had the reputation of regularly yielding high quality diamonds for quite some time now.

During these uncertain financial times, the price of diamonds of the highest quality remain somewhat steady; as they are timeless and remain mostly unaffected. Although fairly rare, diamond jewelry of color can be found at reputable jewelers located in less than exotic places. Of course, one would not expect to find a world class, museum quality, diamond just sitting around in a mall; but just think: Any diamond can truly be a one-of-a-kind diamond in its own right, when given to a one-of-a-kind-person. Although a reputable jeweler will certainly be able to assist you in finding the diamond; it‘s up to you to find the person. Now that’s what you can call rare!

http://www.ny1.com/content/top_stories/97695/rare-blue-diamond-gets-preview-at-sotheby-s/Default.aspx

http://news.aol.com/article/blue-diamond-auction/436116

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