The “Mediterranean” bidding war sends rare to 21.5 million dollars at a Sotheby, but not everyone is impressive
Sotheby’s House at Sotheby’s auction said that very rare blue diamonds went in the hammer in Geneva late on Tuesday, when he was selling at $ 21.5 million.
“The Mediterranean Blue”, bright blue diamonds, which weighs 10.3 carats, with an estimated value of $ 20 million, attracting an intense bid battle.
Sotheby said that the bids started in nine million Swiss francs (10.8 million dollars), with fierce back and forth before selling diamonds in the end to a private American mosque, whose name was not granted, for 17.9 million francs (21.5 million dollars).
The auction house said that The Mediterranean Blue, a completely new blue diamond that was recently extracted from the legendary Cullinan mines in South Africa, has achieved a major campaign in the diamond industry since it was announced for the first time in March.
Before its final show in Geneva on Tuesday, it was unveiled as part of the Sotheby I exhibition in Abu Dhabi last month, where it was displayed alongside seven “unusual” and gemstones with a value of more than $ 100 million.
“In the upper part of the Blue Diamond Night pyramid,” Koye Broning, head of jewelry in Sotheby, North America, Europe and the Middle East, said at the Abu Dhabi exhibition.
After working as a auction at the Tuesday event, he praised in Al -Jawhara as “undoubtedly the stone specified for the season,” saying in a statement that he “ranked among the best blue diamonds that we sold.”
Tobias Kormind, head of the largest diamond -diamond driver online in Europe, was less optimistic, describing the sale as “less dazzling than expected.”
“Diamonds have exceeded his estimation of $ 20 million, indicating a meaningful interest.”
“But the broader uncertainty, including trade tensions between the United States and China, may have disturbed the bidder’s confidence and silent what could have been a more frame.”
This story was originally shown on Fortune.com
