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Rare blue diamond sells for record $9.5 million
Reuters ^
| Wed May 13, 2009
| Stephanie Nebehay
Posted on 05/13/2009 9:15:05 PM PDT by nickcarraway
A flawless vivid blue diamond weighing 7.03 carats sold on Tuesday for a record 10.5 million Swiss francs (6.2 million pounds), the highest price paid per carat for any gemstone at auction, Sotheby's said.
The rectangular-shaped blue stone, the rarest to enter the international market this year, went to an anonymous buyer bidding by telephone after hectic bidding see-sawed between two callers for 15 minutes.
It was the centrepiece of its semi-annual sale in Geneva, conducted by David Bennett, chairman of Sotheby's jewellery department in Europe and the Middle East, who said the results showed the market's resilience despite the economic downturn.
"This is already a new world record price for a fancy vivid blue diamond and a new world record per carat for any gemstone (at auction)," Bennett told reporters.
"It is fantastic in this market and shows that these rare things are very much in demand," he said.
(Excerpt) Read more at uk.reuters.com ...
TOPICS: Business/Economy; Hobbies; Miscellaneous
KEYWORDS: bluediamond; diamonds; jewelry; jewels
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To: cynwoody
Oh, I know. I actually have some respect for the colored ones, but, AFAIC, clear ones are monopolized bunk.
Granted, I won’t “throw em back” if I find them detecting or watching the ground (my two best finds, 14K white gold with 18 diamonds and platinum with 7 were made by the MK II eyeball), but I’d definitely be more stoked over a good aquamarine, emerald or sapphire.
A guy on our forum found one with a 4+ carat rock in it couple of weeks ago, it’s amazing how people will shell out for this type of stuff and not have it engraved with something to assist the returns!
21
posted on
05/13/2009 11:22:15 PM PDT
by
Axenolith
(Government blows, and that which governs least, blows least...)
To: goat granny
22
posted on
05/13/2009 11:52:48 PM PDT
by
STARWISE
(They (LIBS-STILL) think of this WOT as Bush's war, not America's war- Richard Miniter)
To: STARWISE
I’ll click on my account and look at them daily...thanks..:O)
To: Axenolith
A couple of weeks back myself 2 of my kids and my favorite son-in-law went to Diamond Crater State Park in Arkansas, didn't find any but it is hard work and most of the counties around there are dry. We had to drive 50 miles so my son could get some beer....2 weeks earlier a guy found a canary over 2 carets...I should have brought back the paper with his picture on it..
To: MHGinTN
Gun porn s the best. Here ya go. My brand new Dan Wesson 1911 Custom Valor with bobtail.
25
posted on
05/14/2009 2:33:56 AM PDT
by
Cobra64
(www.BulletBras.net)
To: Cobra64
26
posted on
05/14/2009 2:50:24 AM PDT
by
Vinnie
(You're Nobody 'Til Somebody Jihads You)
To: nickcarraway
It’s a fugazi.
Forget about it.
LOL
27
posted on
05/14/2009 3:03:46 AM PDT
by
this_ol_patriot
(I saw manbearpig and all I got was this lousy tagline.)
To: STARWISE
Did J Lo auction off her Bennifer pink diamond? LOL
28
posted on
05/14/2009 4:51:35 AM PDT
by
maggief
To: STARWISE
Nice! Probably a better investment than the stock market right now...lol. I use to love to watch that ‘Cash and Treasure’ show on the travel channel with Kirsten Gum. She goes all around the country digging for gems and other natural stones. My dream stone would be a large pink tourmaline. Saw one a few years ago at Tiffany’s selling for about 60 grand(out of my league)...lol.
29
posted on
05/14/2009 5:23:56 AM PDT
by
penelopesire
("The only CHANGE you will get with the Democrats is the CHANGE left in your pocket")
To: MHGinTN
Gun porn s the best.I love gun porn too, but also horse porn and house porn. I can waste hours on online ads for Virginia country estates for sale, complete with virtual tours and in-depth looks at the furniture and art.
30
posted on
05/14/2009 5:32:04 AM PDT
by
ottbmare
(Ein Reich, ein Volk, ein Obama! (If you're old enough, you'll understand the reference))
To: Cobra64
Dude, that’s not only gun porn, that’s camera porn. Great photos.
31
posted on
05/14/2009 5:40:09 AM PDT
by
Big Giant Head
(I should change my tagline to "Big Giant penguin on my Head")
To: nickcarraway
From the photos, this stone appears much more vivid blue than the Hope Diamond.
32
posted on
05/14/2009 5:45:00 AM PDT
by
DocRock
(All they that TAKE the sword shall perish with the sword. Matthew 26:52 Gun grabbers beware.)
To: nickcarraway; ottbmare; MHGinTN; STARWISE; Cobra64; Vinnie
Best of both worlds!
33
posted on
05/14/2009 5:47:22 AM PDT
by
Frogtacos
(It all went to hell when we started cooking outside and crapping inside.)
To: Cobra64
34
posted on
05/14/2009 8:23:33 AM PDT
by
MHGinTN
(Believing they cannot be deceived, they cannot be convinced when they are deceived.)
To: Frogtacos
Naw, not a good use of diamonds, and the caliber has to be .22 or less at that size. Nothing to snort about.
35
posted on
05/14/2009 8:24:54 AM PDT
by
MHGinTN
(Believing they cannot be deceived, they cannot be convinced when they are deceived.)
To: Frogtacos
But thanks for the pix ... I know someone who won’t believe it until I show her the pix!
36
posted on
05/14/2009 8:25:26 AM PDT
by
MHGinTN
(Believing they cannot be deceived, they cannot be convinced when they are deceived.)
To: STARWISE
And one more time—”diamonds are a girl’s best friend”.
37
posted on
05/14/2009 8:36:00 AM PDT
by
lilylangtree
(Veni, Vidi, Vici)
To: Big Giant Head; Vinnie
Thanks guys. The Valor is a great shooter.
38
posted on
05/14/2009 7:37:38 PM PDT
by
Cobra64
(www.BulletBras.net)
To: Frogtacos
That gun is appropriate for these guys...
Driving this...
39
posted on
05/14/2009 7:40:09 PM PDT
by
Cobra64
(www.BulletBras.net)
To: nickcarraway
40
posted on
05/14/2009 7:41:36 PM PDT
by
mysterio
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