Skip to content
The Mindanao Examiner Regional Newspaper

The Mindanao Examiner Regional Newspaper

Title

Name

Primary Menu
  • Home
  • Mindanao
  • Visayas
  • National
  • Features
  • Opinion
  • Business
  • International
  • SciTech
  • Health & Wellness
  • Sports
  • About Us
    • Regional Advertising Rates
    • Contact Us
    • Profile
  • Home
  • International
  • Rare blue diamond sells for record $57.5 million – CNN News
  • Featured
  • International

Rare blue diamond sells for record $57.5 million – CNN News

Editor May 19, 2016

he world’s largest blue diamond, an extremely rare gem known as “The Oppenheimer Blue”, sold for $57.5 million at Christie’s Geneva Wednesday night, making it the most expensive diamond ever to be sold at auction.

The sparkling gem sold to a private collector, whose identity Christie’s has not yet revealed.
Mounted on a platinum ring and flanked on either side by a trapeze-shaped diamond, the 14.62 carat Fancy Vivid stone is the largest and best quality blue diamond ever to appear at auction.
In blue diamonds, Fancy Vivid describes stones that are medium to dark in tone and strong to very strong in color saturation.
Read: These watches are worth millions
It was named after its former owner, the late Sir Philip Oppenheimer, a diamond dealer whose family owns the influential diamond company De Beers.
The Oppenheimer steals the title of world’s most expensive diamond from the 12.03 carat “Blue Moon of Josephine,” which held the previous record at $48.4 million.
That rock was bought by Chinese property billionaire Mr Joseph Lau in November, for his 7-year-old daughter Josephine.
Blue diamonds are exceptionally rare, comprising only around 0.0001% of the world’s diamonds, according to Christie’s. Of this tiny fraction, only about 1% are classified as Fancy Vivid, helping to explain the Oppenheimer’s wallet-melting price tag.
They are second in rarity only to red diamonds, of which there are only around 100 known record stones in the world.
The Oppenheimer’s record-breaking sale comes a day after the 15.38 carat “Unique Pink” sold for $31.6 million at a Sotheby’s auction in Geneva — the highest price ever paid for a pink diamond of that category.(Sophie Eastaugh,)
Link: http://edition.cnn.com/2016/05/18/luxury/worlds-biggest-blue-diamond/index.html
fb-share-icon
Tweet 20

Continue Reading

Previous: Democratic Backlash After Sanders’ Supporters Violence in Nevada – ABC News
Next: New dinosaur species discovered in American southwest – Fox News

Related News

Dmitry-Medvedev
  • International

Russian official claims nations ready to supply Iran with nuclear weapons

Editor June 23, 2025
Iran-Nuclear-Sites-target
  • International

Nuclear watchdog condemns US attack on Iranian nuclear sites as ‘illegal’

Editor June 23, 2025
Hacker by Tima
  • International

South Korea’s largest telecom operator suffers mass exodus of customers over data leak

Editor June 2, 2025

Trending News

Russian official claims nations ready to supply Iran with nuclear weapons Dmitry-Medvedev 1
  • International

Russian official claims nations ready to supply Iran with nuclear weapons

June 23, 2025
Nuclear watchdog condemns US attack on Iranian nuclear sites as ‘illegal’ Iran-Nuclear-Sites-target 2
  • International

Nuclear watchdog condemns US attack on Iranian nuclear sites as ‘illegal’

June 23, 2025
PH gov’t hits country’s ‘false ranking’ as least safe for travelers Christina-Frasco-Dot 3
  • National
  • Tourism

PH gov’t hits country’s ‘false ranking’ as least safe for travelers

June 19, 2025
PhilHealth’s New Benefits for Post-Kidney Transplantation Services PhilHealth-Artcard 4
  • Health
  • National

PhilHealth’s New Benefits for Post-Kidney Transplantation Services

June 19, 2025
How a Teacher is Cultivating the Future of Agriculture, One Batch of Scholars at a Time JeromeMabaso_ JGF-1 5
  • Business

How a Teacher is Cultivating the Future of Agriculture, One Batch of Scholars at a Time

June 19, 2025
  • Facebook
  • X
  • YouTube
  • Blog
Copyright © 2025. The Mindanao Examiner Regional Newspaper. All Rights Reserved. | MoreNews by AF themes.