Sotheby's Hong Kong will sell rare 5.16-carat, pear-shaped, internally flawless, fancy vivid, blue diamond from the legendary De Beers Millennium Jewels Collection. It is estimated to sell for between HK$36-46 million ($4.6-5.8 million).
Formerly held in private collection, it is the first diamond from the Millennium collection to ever appear at auction. This phenomenal collection of 12 rare gems was presented by De Beers in 2000 to celebrate the new millennium. It took decades to assemble.
The collection consists of the Millennium Star (bottom) a 203.04-carat, D-colour, flawless white diamond (the centrepiece of the collection) and 11 phenomenal blue diamonds of various shapes and weights, totaling 118 carats.
Bearing the inscription "De Beers Millennium Jewel 11", this blue diamond will be auctioned at the Magnificent Jewels and Jadeite Spring Sale 2010, on April 7 at the Hong Kong Convention and Exhibition Centre.
Quek Chin Yeow, Deputy Chairman and Head of the Jewellery Department, Sotheby’s Asia, said: “This season we are proud to present a superb 5.16-carat pear-shaped, internally flawless, fancy vivid, blue diamond from an important private collection, one of the 11 magnificent blue diamonds formerly in the legendary De Beers Millennium Jewels Collection. It is an unprecedented opportunity to acquire at auction a gem with this unique historical provenance.”
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