Wednesday, October 6, 2010

Affluent Page Magazine Presents Bulgari Blue Diamond to Exceed $12 Million at Christie’s Auction

Fancy vivid blue diamonds have always been hard to come by, but this October, Christie’s will feature the largest triangle cut blue diamond ever to hit the auction block. Weighing in at 10.95 carats, the richly hued jewel is paired with a slightly smaller colorless diamond (9.87 carats) in a gold ring setting. In addition, the ring bears all the prestige associated with Bulgari craftsmanship. Founded in 1887, Bulgari has always created works of supreme refinement, and the ring exemplifies this mission. It should come as no surprise that the original collector considered the brilliant diamond and its companions the perfect piece to congratulate his wife on the birth of their first son in an age-old family tradition. Now on the market, for the first time in roughly 40 years, the diamond is already making quite a stir. According to Rahul Kadakia, Head of Jewelry for Christie’s America, “This ring’s exceptional quality, rarity, and size combined with the coveted imprimatur of the house of Bulgari make this upcoming sale a truly special event in the world of jewelry and one that is certain to make auction history.”
This generously set ring is expected to sell for over $12 million dollars, and in light of how rarely such gems are available to the public, this spectacular ring could sell for far more than the expected value. In December of 2008, the gray-blue Wittelsbach-Graff Diamond sold for $24,300,000, breaking the world auction record for any single jewel. Bulgari’s equally beautiful azure stone may be less sizable than the Wittelsbach-Graff Diamond, but the ring’s composition highlights the best modern forms to come out of the 1970’s. The diamonds’ natural beauty is emphasized by their bold cut and their contrasting shades. The band’s minimalist styling is balanced with diamonds flush together. This is a piece that will never go out of fashion.
Although Christie’s Jewels auction will be conducted at their New York location, key items, including the Bulgari Blue diamond, will be on tour throughout September for international bidders.
~Affluent Page

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