De Beers Millennium Jewel 4 Could Sell for $30 to $35 Million

Gem Investing

Rapaport reported that Sotheby’s hopes to sell the De Beers Millennium Jewel 4, an internally flawless, 10.1-carat fancy vivid blue diamond, for $30 to $35 million.

Rapaport reported that Sotheby’s hopes to sell the De Beers Millennium Jewel 4, an internally flawless, 10.1-carat fancy vivid blue diamond, for $30 to $35 million.
As quoted in the market news:

The gem is from an Asian private collection, and is the only oval-shaped stone among the twelve rare diamonds – eleven blue and one colourless – that form the De Beers Millennium Jewels collection unveiled by De Beers in 2000 in celebration of the millennium.
The diamond will be exhibited in New York, London, Geneva, Singapore, Taipei and Hong Kong ahead of the auction at the Hong Kong Convention and Exhibition Centre.

Quek Chin Yeow, deputy chairman for Asia at Sotheby’s, commented:

The market for coloured diamonds has gone from strength to strength and this spring we are thrilled to present the ‘De Beers Millennium Jewel 4,’ the largest oval fancy vivid blue diamond ever to appear at auction.
Fifteen years ago I had the great opportunity of seeing this magnificent stone for the first time and it is an absolute delight now to have it in one’s hand, to admire it again and to offer it for auction in Asia.

Click here to read the full Rapaport report.

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