New York—The upcoming public sale season is certainly one for blue diamond lovers.

Sotheby’s has introduced it’ll promote a bunch of eight fancy blue diamonds valued at greater than $70 million complete throughout its Magnificent Jewels auctions this yr and into the spring.

“The De Beers Distinctive Blue Assortment,” sourced and assembled by the diamond firm, is showing at public sale for the primary time.

The group is comprised of eight blue diamonds of varied shapes and weights, ranging in dimension from a 1.22-carat oval brilliant-cut to an 11.29-carat step-cut diamond, for a complete weight of 32.09 carats amongst them.

Three of the diamonds can be provided this yr: the 5.53-carat stone can be a spotlight of Sotheby’s Magnificent and Noble Jewels public sale in Geneva on Nov. 9, whereas the three.24-carat diamond and the two.08-carat diamond can be provided in New York on Dec. 7.

The complete record of the eight diamonds and their estimates are as follows.
–11.29-carat step-cut fancy vivid blue (estimated at $28 million-$50 million)
–5.53-carat cushion brilliant-cut fancy vivid blue (estimated at $11 million-15 million)
–4.13-carat step-cut fancy intense blue (estimated at $2.5 million-$3.5 million)
–3.24-carat cushion brilliant-cut internally flawless fancy vivid blue (estimated at $5 million-$8 million)
–3.10-carat cushion brilliant-cut fancy vivid blue (estimated at $4.5 million-$5 million)
–2.08-carat cushion-cut fancy intense blue (estimated at $1.2 million-$1.5 million)
–1.50-carat spherical brilliant-cut fancy intense blue (estimated at $750,000-$1 million)
–1.22-carat oval brilliant-cut fancy intense blue (estimated at $600,000-$800,000)

De Beers and Diacore collectively paid $40.36 million for 5 tough blue diamonds from the Cullinan mine weighing 85.62 carats complete in November 2020.

Over virtually two years, Diacore reduce and polished the 5 tough stones to create the eight blue diamonds within the assortment Sotheby’s is now presenting. 

They are going to be on show in Hong Kong from Oct. 17-19, adopted by Singapore from Oct. 20-21, Taipei from Oct.26-27, and Geneva from Nov. 4-8.

“I’ve remained in awe of ‘The De Beers Distinctive Blue Assortment’ for the reason that first second I set eyes on it,” stated Olivier Wagner, head of Sotheby’s Magnificent Jewels Auctions in Geneva.

“The marketplace for coloured diamonds and treasured gem stones has by no means been stronger, so we’re completely thrilled to offer the primary diamond of this very good assortment as one of many star highlights of our Magnificent Jewels and Noble Jewels public sale subsequent month in Geneva. This vital gem will, I’m certain, captivate all collectors of outstanding gem stones.”

Information of the diamond assortment comes lower than per week after the record-breaking sale of the “Williamson Pink Star” at Sotheby’s.

The 11.15-carat fancy vivid pink diamond bought for greater than $57 million in Hong Kong final Friday. With a per-carat sale worth of roughly $5.2 million, it now holds the price-per-carat document for any diamond or gemstone bought at public sale.

Sotheby’s additionally bought the De Beers Blue in April, a 15.10 carat step-cut fancy vivid blue diamond that went for $57.5 million.