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 attract customers and achieve high prices.
A 1.63-carat fancy intense blue diamond ring sold for $949,000. A pair of earrings featuring a 9.69- and 9.71-carat fancy intense yellow diamond sold for $538,000. A 5.41-carat orange-pink diamond ring sold for $423,000.
The Pink Supreme is a rare 15.48 carat, fancy deep pink diamond mounted on 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 jade and diamond necklace, is valued at $4.1 million. The royal blue jade is of exceptional quality.
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