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The Tiffany Anniversary Blue, featuring a fancy vivid greenish blue diamond, on sale for a reported $10 million.


The 128.54-carat Tiffany diamond, in new white diamond necklace setting.

  Tiffany's presents $10 million vivid blue diamond ring as part of its 175th anniversary


January 12, 2013


New York's most iconic and famous jewelry house, Tiffany & Co., is celebrating the 175th anniversary since its founding, with the unveiling of a greenish blue diamond set in a ring which according to advertisement placed in the wall Street Journal will be sold to anyone ready to part with $10 million. The Tiffany Anniversary Blue features a fancy vivid greenish blue diamond of 2.51 carats, bordered with white diamonds in a platinum ring setting.

Leading the anniversary celebration, however, is the 128.54-carat fancy yellow Tiffany Diamond, which for the occasion has been set in a spectacular diamond and platinum necklace. It is the star feature of an international tour, with events in Tokyo, Beijing and Dubai, before returning home to New York City.

Over a year in the making, the elegant necklace of white diamonds that serve as the backdrop to the Tiffany Diamond totals over 100 carats, and features 20 Lucida®-cut diamonds and 58 brilliant-cut diamonds.

"Resetting the Tiffany Diamond represents a commitment to the future and design innovation," said Jon King, executive vice president of Tiffany & Co. "The diamond is the most important gemstone in the world and honors the vision of our founder, whose acquisition of the stone established Tiffany's diamond heritage."

The Tiffany Diamond was discovered in the Kimberley diamond mines in South Africa in 1877 as a 287.42-carat rough stone, and was acquired the following year by the jewelry company's founder Charles Lewis Tiffany. It was cut in Paris, where Tiffany's chief gemologist, Dr. George Frederick Kunz, supervised the process, which involved the creation of a polished stone with 82 facets -- 24 more facets than the traditional 58-facet brilliant cut.

Tiffany is also releasing new collections for its anniversary year. Among them is a 175-carat kunzite pendant. Kunzite is a pink to lilac colored variety of spodumene gemstone that Tiffany's named in honor of Dr. Kunz, who traveled the world searching for the most exotic gemstones for the company.

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