World's Largest Blue Diamond Sells for a Near-Record $57.5m

By John Jeffay / April 27, 2022 / www.idexonline.com / Article Link

(IDEX Online) - The largest blue diamond ever to be auctioned today sold for just under $57.5m at Sotheby's Hong Kong - way above its $48m estimate, but just short of the Oppenheimer Blue's $58m record.The Type IIb 15.1-carat, IF fancy vivid step cut Cullinan Blue (pictured) went to an unnamed buyer.The hammer price was HK$390m, plus HK$60.9m in auction premiums, totaling HK$450.9m - $57.5m at today's exchange rate. The price per carat was $3,805,561.In May 2016, Christie's Geneva sold the 14.62-carat VVS1 Oppenheimer Blue  for CHF 56,837,000, equivalent at prevailing rates to $58m.The Cullinan Blue was recovered in April 2021 by UK-based Petra at the Cullinan mine, South Africa, as a 39.34-carat rough gem, which was sold to a De Beers/Diacore partnership for $40.18m.It is the largest internally flawless step cut vivid blue diamond ever graded by the GIA (Gemological Institute of America).

Recent News

Some mining stocks exposed to Burkina Faso take major hit

September 02, 2025 / www.canadianminingreport.com

Gold stocks again hit new highs

September 02, 2025 / www.canadianminingreport.com

Gold stocks reach new highs on metal price gain

August 25, 2025 / www.canadianminingreport.com

Rise in gold stocks propels TSXV Mining

August 25, 2025 / www.canadianminingreport.com

Market sees gold sector nearing full value overall after target upgrades

August 18, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok