Fancy Intense Blue Diamond Sets New Sales Record

The Diamond Investment & Intelligence Centre reported that a new price-per-carat record for a fancy intense blue diamond was recorded on December 10 at Christie’s New York Magnificent Jewels sale. However, the auction house did not report it, and the sale does not seem to have been picked up by most news outlets.
As quoted in the market news:

… allow me to be the first to report, a full 3 days after its occurrence, that a 1.74 carat Fancy Intense Blue VVS1 round brilliant diamond (potentially Internally Flawless), one that is a rare type IIb diamond, has broken a record for the highest per carat price ever paid for a Fancy Intense Blue diamond. It sold for a total $1,925,000 or just over $1.106 million per carat. The previous record was held by a 7.64 carat Fancy Intense Blue diamond sold back on May 11, 2010 for $1.051 million per carat. (The highest price per carat ever paid for any blue diamond, which covers all color intensities, is still held by Joseph Lau’s blue diamond from November).

Click here to read the full report from Diamond Investment & Intelligence Centre.