Sotheby’s to offer De Beers Millennium Jewel 4 in Hong Kong auction

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 Sotheby’s to offer De Beers Millennium Jewel 4 in Hong Kong auctionSotheby’s Hong Kong is presenting the ‘De Beers Millennium Jewel 4’, at the Magnificent Jewels and Jadeite Spring Sale on 5 April 2016. The De Beers Millennium Jewel 4 is a rare and superb Oval Internally Flawless Fancy Vivid Blue Diamond weighing 10.10 carats – the largest oval fancy vivid blue diamond ever to appear at auction. It carries an estimates sale price of US$30 – 35 million. It is offered for sale from an Asian private collection.

QUEK Chin Yeow, Deputy Chairman, Asia, and Chairman International Jewellery, Asia, said, “Over the years Sotheby’s has had the honour to bring to the market many important coloured diamonds, including the Blue Moon of Josephine that set the world auction record for any diamond last November. The market for coloured diamonds has gone from strength to strength and this spring we are thrilled to present the ‘De Beers Millennium Jewel 4’, the largest oval fancy vivid blue diamond ever to appear at auction.”

The ‘De Beers Millennium Jewel 4’ will be exhibited in across the world, in locations including New York, London, Geneva on an international itinerary, and in Singapore, Taipei and Hong Kong in Asia before going under the hammer on 5 April at the Hong Kong Convention and Exhibition Centre.

The diamond is the only oval-shaped stone among the twelve rare diamonds – eleven blue and one colourless – that form the world-renowned De Beers Millennium Jewels collection unveiled by De Beers in 2000 in celebration of the millennium. Each of the eleven blue diamonds in the collection boasts a combination of colour intensity, even saturation and brilliance that are rivalled by few other stones. “To be able to unveil not only one diamond but a collection of such rarity that most of us will not see its like again is, I think, the only adequate way to mark the passage of 2000 years of man’s history.” – Harry Oppenheimer, Former Chairman of De Beers, on the “De Beers Millennium Jewels”.

“Blue diamonds of any intensity of colour are amongst the rarest of all gems. Highly saturated blue diamonds over ten carats combined with an Internally Flawless clarity grade are extremely rare. There have been fewer and fewer new rough diamonds discovered over the last decade that produce this colour. Most of the recent diamonds offered for sale in this category are coming from private collections—not diamond mines,” said, Tom Moses, Executive Vice President and Chief Research and Laboratory Officer, GIA.



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