Natural Fancy Blue Diamonds

• The principal mine producing Blue Diamonds, the Premier Mine (formerly known as the Cullinan Mine), is past its peak production capacity. This has caused a significant decrease in the supply of Blue Diamonds and a corresponding rise in demand.
• Fancy Vivid Blue, Fancy Intense Blue, and Fancy Deep Blue Diamonds are so rare they can command seven figures per carat at auction.
• On November 11, 2015, at Sotheby’s Magnificent Jewels Sale in Geneva, a 12.03-carat Fancy Vivid Blue Diamond fetched for $48.5 million, a new world record price for any diamond, gem or jewel at auction. The Blue Moon Diamond, which was renamed The Blue Moon of Josephine by its new owner, also set a diamond per-carat price record of over $4 million per carat.
• The largest Fancy Vivid Blue diamond ever offered at auction set a world record at Christie's Geneva on May 18, 2016. After a 25-minute bidding war by phone, the 14.62-carat Oppenheimer Blue Diamond became the world's most expensive jewel ever sold at auction, fetching $57.5 million.
• The 45.52-carat Hope Diamond, the most famous Blue Diamond in the world, is displayed in the Smithsonian Institution in Washington, D.C.

Provenance:

The Velvet Blue. An extraordinarily rare Fancy Deep Blue diamond (1.50 carats) is flanked by D-color diamonds (1.40 carats) and set in platinum. Acquired from an important family collection in South Africa, the blue stone has a depth of color not seen from the Cullinan Mine in 70 years. GIA certified, VVS2.