Daily Management Review

Oppenheimer Blue Diamond To Be Sold at Record Price


03/31/2016


The largest blue diamond ever put up for auction will be sold on May 18 at Christie's Geneva auction. According to preliminary estimates, the lot costs $ 38 - $ 45 million, Bloomberg reports.



photozou.jp
photozou.jp
The gemstone weighing 14.62 carats is named "Oppenheimer Blue" after its former owner, Philip Oppenheimer. He belonged to the family supervised the diamond mining group De Beers for 80 years.

The auction will probably update the highest price for a diamond sold at auction. The previous record was set in November last year, when the diamond "Blue Moon", weighing 12.03 carats, was sold at Sotheby's Geneva auction for $ 48.4 million. The buyer was Hong Kong billionaire Joseph Lau, who had paid $ 28.5 million for a pink diamond weighing 16.08 carats the day before. Both stones were supposedly bought for his seven-year old daughter.

Another record can be set in April in New York, when Sotheby's auction for $ 35 million will feature a blue diamond weighing 9.54 carats, which was owned by the American actress, politician and diplomat Shirley Temple.

Colored diamonds are rarer, and much more expensive than usual in comparable sizes. In 2008, the London-based jewelry company Graff paid for a stone of deep smoky bluish tint $ 24.3 million. In 2010, it also updated the record, evaluating the pink diamond weighing 24.78 carats at $ 45.6 million.

Bloomberg reminds that, despite a 4 per cent decline in jewelry sales, marked in 2015, the upper price segment continues to grow at a record pace.

source: bloomberg.com






Science & Technology

NASA’s Mars Mission To Make Use Of Cold War-Era Atomic Rockets

Israel Completes Mars Habitat Simulation Experiment

Just $24 Earned By Hackers From The Huge Cryptojacking Campaign Conducted Last Week

New Molecule That Quickly Fights Cancer Cells Identified By Swedish Scientists

The U.K.’s Health Sector To Integrate Israeli ‘Digital Health’ Technology

Cryptocurrency Mining Malware Infects Government Websites In Multiple Countries All Across The World

New Research Into Space Settlement And Space Habitation Will Be Supported By Seed Grants Launched By UAE

NASA Confirms Mystery Satellite To Be Its IMAGE Satellite

Facebook To Put A Ban On Cryptocurrencies Ads

Study Show An Early Sign For Alzheimer's Is Sleep Disruption

World Politics

World & Politics

Australia To Welcome Britain On The Latter’s Interest In Joining TPP

South African President Zuma Finally Resigns, New President To Be Elected Soon

13 countries with the best healthcare system

France is coming closer to Iran

India-Russia Develops Supersonic Missile Which Could Raise Concerns In China

Yet another serious political risk for Europe: Italian elections coming soon

Seven Weeks Time Period , Says Theresa May, For Agreement On Brexit Transition Deal

Germany on the brink of political chaos