GemeWizard
Home|About Us|Store|Color Report Newsletter|Support|News & Events|Contact|Gemstones Colors

Gemstones Colors and Prices



         


   

      Gemewizard archive daily article




The Trombino ring, set with a 5.3-carat blue diamond. Photo Credit: Bonham's.



  Record broken as 5.3-carat blue diamond sells for $9.6 million


May 15, 2013


A "Trombino" ring created by Italian jeweler Bulgari and set with a rare 5.3-carat blue diamond fetched a record 6.2 million British pounds, or $9.6 million, at a Bonham's auction in London in April, when it was sold to Laurence Graff.

The ring had been forecast to fetch between 1 million pounds and 1.5 million pounds, so the actual price was more than four times its pre-sale estimate. Fetching a record $1.8 million per carat for a blue diamond, it beat the previous world record of $1.68 million per carat.

According to the auction catalog, fewer than 30 blue diamonds of more than 5 carats have ever been auctioned.

The cushion-shaped fancy deep-blue diamond was set in the Trombino ring surrounded by pave-set round and baguette-cut diamonds.

"We are delighted with the price it has made. It was a sensational stone which charmed everyone who viewed it prior to the sale. Blue diamonds, especially those over 5 carats, are extremely rare to see on the market and continue to be highly sought-after. We are honored to have handled the sale of such a unique gem," said Jean Ghika, director of Bonham's Jewelry Department for Europe.

©2007 Menahem Sevdermish, GemEwizard, Inc. All Rights Reserved. Designed by YCS - Yahalom Creative Solutions