Bulgari Blue record price for blue diamond

Bulgari Blue diamond, record price achieved per carat of $1.4m

The Bulgari Blue Diamond breaks record price per carat for a blue diamond achieving $15,762,500 or $1.4 million a carat at Christie's Oct 20 auction in New York. The pre-sale estimate was $12 million. by Maria Doulton Set in a 1970's era Bulgari ring, the triangular-shaped Fancy Vivid blue diamond of 10.95 carats is the largest Fancy Vivid blue diamond of this cut ever to be presented at auction. Set into the same ring is  triangular-shaped colorless diamond of 9.87 carats and was the highlight of this sale of 450 lots. The cut of these diamonds makes the ring easy to wear as it sits low on the hand, and is now the property of a private Asian buyer. Rahul Kadakia, Head of Jewellery for Christie's Americas commented: "A world record price was achieved on October 20 for The BVLGARI Blue, a much-celebrated stone that came up for sale at Christie's for the first time in almost 40 years. It had been purchased at the BVLGARI boutique in Rome in 1972 for just $1 million - the equivalent of $5 million today. With a sold price of $15.7 million, the stone tripled its value in that time, demonstrating the incredible resilience of diamonds in today's volatile economic environment and the true, lasting value of fine jewelry." A new record price per carat has been set with this diamond. Most recently the Wittelsbach-Graff, a 17th century fancy blue of 35.56 carats sold at Christie's in December 2008 for the world auction record for any diamond or jewel of $24,300,00.

Editor's Pick

If you enjoyed what you just read...

...we have a small favour to ask. We are an independent online magazine and we are very proud of the quality of our content, all of which we generate from our small office in Oxfordshire, UK. A contribution from you will enable us to maintain our independence and continue to share our passion for this world that we all love. As you are probably aware, advertising revenue across all media is falling fast, but we still want to keep our articles accessible to all. If everyone who reads this helps a little, we won’t have to ask for a subscription and will be able to keep doing what we do best, which we hope you appreciate.

Terms and conditions




We use our own and third party cookies to improve your experience and our services. If you continue, we consider that you accept their use. You can get more information on your website at cookies policy.