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

Mixed outlook for gold as it remains range bound for past three months

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on flat metal price

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on metal decline

June 23, 2025 / www.canadianminingreport.com

Huge quantifiable rise in geopolitical, economic and trade risks

June 23, 2025 / www.canadianminingreport.com

Platinum clearly ahead of palladium for first time in seven years

June 16, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok