May 12– Just as we predicted in our Blog, April 18, Sotheby’s achieved a record price of ~ 9.5 million US for the fabulous 7.03 ct Fancy Vivid Blue Internally Flawless Cullinan Blue Diamond. Sotheby’s original presale estimate was 5.8 to 8.5 million US.
The stone sets a record price per carat for any gemstone sold at auction of $1,349,752, Sotheby’s said.
This is great news for gem aficionados at all levels. As ongoing gem prospecting continues world wide and exciting gem finds deliver new and exotic gem materials to the market place, the opportunities to own fabulous collectible gems abound, especially for those who have big dollars to spend. Now is the time to buy! We welcome inquiries and discussion from all Orchidians and gem lovers.
james l. sweaney cga fga. gg
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