Christie’s Sells 13.22-carat Blue Diamond for $24 Million

Bloomberg reported that Christie’s set a new world auction record for a jewelry sale yesterday with its Magnificent Jewels auction in Geneva, which garnered $154 million. That was enough to best rival Sotheby’s, which briefly took the top spot the previous day with its Magnificent Jewels and Noble Jewels auction.

The highlight of the Christie’s auction was the sale of “The Blue,” a 13.22-carat blue diamond; it sold for $24 million.

As quoted in the market news:

Christie’s sold 27 lots for more than $1 million in last night’s auction, including a Cartier belle epoque diamond brooch for almost $18 million and a pear-shaped D-color flawless 75.97 carat-diamond for about $15 million. The Blue had been estimated to sell for $21 million to $25 million, excluding the buyer’s premium.

Click here to read the full Bloomberg report.

Click here to learn more about The Blue.