Six-Carat Blue Diamond Breaks 20-Year-Old Record in Hong Kong - JB News Feed

A flawless, 6.04-carat, blue diamond ring sold for HK$61.9 million ($8 million) at Sotheby's in Hong Kong, breaking a 20-year-old auction record for a gem.

The diamond surpassed the per-carat record set in 1987 in New York when a red 0.9-carat diamond sold for the equivalent of $926,000 per carat, Sotheby's said in a faxed statement. An emerald rope-necklace that previously belonged to the American songwriter and lyricist Irving Berlin also sold for HK$20.5 million, including commission, at yesterday's sale in Hong Kong.

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Posted by Posted by Jewelry News at Tuesday, October 09, 2007 8:08 AM
Categories: International Diamond News, Jewelry News
 

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