Rare Blue Diamond Auctioned For 19 Million Euros

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GEORGE V MAGAZINE
Bids for the 10.3-carat diamond, known as The Mediterranean Blue, began at 9 million francs. The gem was eventually sold to a private collector from the US. The identity of the buyer has not been released. The extraordinary stone attracted worldwide attention for its rare color and high quality, resulting in a fierce bidding war.
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An exceptionally rare blue diamond was auctioned in Geneva on Tuesday evening for 17.9 million Swiss francs 19 million euros, auction house Sotheby’s announced.

The Mediterranean Blue

The Mediterranean Blue is a new discovery from the renowned Cullinan mine in South Africa and is known for its intensely vivid blue colour. Since its discovery earlier this year, the diamond has attracted a lot of interest within the international diamond industry.The sale price is not a record amount, by the way. The most expensive diamond sold to date is the Pink Star, 59.6 carats, which was auctioned in 2017 for 71 million dollars.

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Courtois joined the staff of Vogue France in 2021 and is the editor-in-chief of George V Magazine highlighting fashion trends as well as the latest of beauty. Based in Paris.

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