According to SCMP , at the Sotheby's Hong Kong (China) auction, a blue diamond named The Infinite Blue was sold for 25.4 million USD. With its unique color and 11.28 carat weight, this is one of the most expensive diamonds at the Asian auction.
According to experts, blue diamonds are of superior quality. The Infinite Blue attracts Asian gem collectors, especially Chinese, because of its 11.28 carat quality.
In addition, the diamond is designed and cut into 8 facets. The number 8 is a symbol of prosperity in Asia.
The Gemological Institute of America (GIA) has graded the stone as “fancy vivid blue,” its highest rating. Furthermore, the gem has excellent luster and is Type Iib (a rare type that makes up less than 0.5% of all diamonds), according to Sotheby's.
Similarly, a necklace featuring a 74.48-carat yellow diamond sold for $2.5 million.
At Poly Auction Hong Kong's Magnificent Jewels sale, a 25.88-carat, fancy vivid yellow diamond with VVS1 clarity sold for $1.3 million. The diamond is perfectly polished and has no fluorescence.
Phillips Auction House said the rare colored diamond is sought after by collectors. Auctions of colored diamonds always attract customers and achieve high prices.
A 1.63-carat fancy vivid blue diamond ring sold for $949,000. A pair of earrings featuring a 9.69- and 9.71-carat fancy vivid yellow diamond sold for $538,000. A 5.41-carat fancy vivid pink diamond ring sold for $423,000.
The Pink Supreme is a rare 15.48 carat, fancy deep pink diamond set in a ring. Estimated price: $9-12.8 million.
In addition to brilliant colored diamonds, high-quality jade is also being bought and paid high prices.
The Jadeite Tianchi, a jadeite and diamond necklace, is priced at $4.1 million. The royal blue jadeite is of exceptional quality.
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