10.6-carat Blue Diamond Worth $9.8 Million Up for Sale

Forbes reported that MS Rau Antiques, based in New Orleans, is asking $9.8 million for a 10.6-carat “Royal Blue” diamond. It is the second blue diamond to come to market in the last couple of weeks.

As quoted in the market news:

This cut-corned, modified brilliant cut, natural fancy blue diamond has a VVS1 clarity grade, notable for having ‘very, very slight’ inclusions, according to the report from the Gemological Institute of America. It is one step away from being graded as “internally flawless” under the GIA scale. The magic ingredient in natural blue diamonds is the chemical boron, which this gem has.

The diamond is set on a platinum and rose gold ring surrounded by vivid pink and colorless diamonds.

Click here to read the full Forbes report.