Flawless blue diamond could fetch a record $55 million

© Provided by AFP

Flawless blue diamond could fetch a record $55 million - A new blue diamond analyzing 12. 03 carats and described by specialists as internally sleek could sell for the record $55 zillion (47 million euros) when it comes up for auction throughout November, Sotheby's claimed Thursday.

The Blue Moon diamond, discovered in Southerly Africa in January last year, will be exhibited in Hong Kong, London and Nyc before its probable purchase at retail in Geneva in November 11.

"The Blue Moon diamond is often a simply sensational natural stone of perfect color and purity, " David Bennett, exactly who heads Sotheby's intercontinental jewellery division, said in a very statement.

He added how the immense hype which in turn followed the stone's breakthrough discovery "has now been proven to have already been totally justified. "

The Gemological Commence of America previously declared the Blue Moon to get "internally flawless".

Categorised as a fancy vivid blue diamond, the Blue Moon may be the largest cushion-shaped stone for the reason that category to ever appear at retail.

Sotheby's put its estimated sale price between $35-$55 zillion which, at the higher end, would mark an archive for any diamond sale.

In December 2010, a 24. 78 carats lilac diamond -- called the Graff White -- sold in Geneva just for over $46 zillion.

The record sale for the blue diamond until now came in November last year, when a 9. 70 carats fetched $32. 6 million in an auction in Nyc.