The Bulgari Blue Diamond Sold for Almost $15.8 Million
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We already awed you with the $302,000 Barbie doll which was sold at the Christie’s New York auction earlier this month, and now we’re back to tell you some more about what happened there.
The Bulgari Blue Diamond is another goodie that was sold at the auction. It is a two-stone diamond ring which it found another owner for $15,762,500. Back in 1972 this beauty was purchased for only $1 million by an European private collector. It features a Fancy Vivid blue triangular diamond of 10.95 carats, and a 9.87 carat colorless one.
The iconic by JAR were also among the most expensive items exhibited there. Featuring an imperial topaz, diamonds and rubies, the earrings were worn by Ellen Barkin at the 2005 Oscars.
Many other jewels by famous designers were auctioned off in New York this October. Names like Cartier, Boucheron, or Van Cleef & Arpels were well represented there. More than 150 pieces were sold by a single collector!
After selling incredibly expensive jewelry and all sorts of gem stones, the head of the jewelry department at Christie’s New York concluded that people decided to invest in these precious objects in order to hedge against the risks which haunt the financial market. They had to take into consideration the currency fluctuations and also the fact that precious stones have become some 20% more expensive than the year before.