Yaniv Marcus of Leibish & Co. explains what’s so special about the flawless fancy vivid blue diamond being auctioned by Christie’s this week.
It’s a big week for the diamond industry. Why? Tomorrow, Sotheby’s will be holding its Magnificent Jewels and Noble Jewels auction in Geneva, while the day after, rival Christie’s will be holding its Magnificent Jewels sale at the same location.
The former will feature the 100.09-carat Graff Vivid Yellow diamond and the latter will include a 13.22-carat blue diamond that is being hailed as the world’s largest flawless fancy vivid blue diamond.
To find out more about colored diamond auctions and about the blue stone from Christie’s in particular, Diamond Investing News got in touch with Yaniv Marcus, investment strategist at Leibish & Co., a supplier of natural fancy colored diamonds of all colors and sizes.
Take a look at the video below to see what he had to say.
Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.
Editorial Disclosure: The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.