A atmosphere azure precious gem fetched a atmosphere high cost at the Sotheby's auction in Hong Kong this week. The 5.16 carat azure precious gem auctioned off at the Hong Kong Magnificent Jewels and Jadeite Spring Sale on April 7 was approximated to convey in between $4.6 million and $5.8 million. It sold for HKD 49.94 million ($6.4 million) healthily overhead the high estimate. London's Moussaieff Jewelers has been identified as the purchaser of the stone.
The rarer-than-rare pear-shaped adorned vivid azure precious gem is internally flawless and was the first azure precious gem from the De Beers Millennium Jewels Collection to emerge at auction. The phenomenal assemblage was offered by De Beers in 2000 to commemorate the new millennium. At $1.25 million per carat, the De Beers Millennium Blue exceeds the cost per carat of the famed Wittelsbach Diamond and almost advanced the record setting cost of $1.35 million per carat for a 7.03 carat azure precious gem and the 5 carat adorned strong pink diamond traded in Hong Kong last year for $2.1 million per carat.
Andrew Coxon,who in person chosen the precious gems for the assemblage founded on their attractiveness and rarity, states of the sale: "Impeccable provenance is worth millions to complicated precious gem buyers. The timeless attractiveness of a De Beers chosen Millennium Blue precious gem will be recalled long after its beside record-setting cost has been forgotten. Personally, I desire I could have acquired it back for De Beers, but professionally talking, I genuinely commend the new proprietors and I am joyous that the new proprietors treasured this specific De Beers chosen diamond."
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