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Rare blue-green diamond sells for record $17.3 million at auction

Rare blue-green diamond sells for record $17.3 million at auction

Summary

A rare 5.5-carat fancy vivid blue-green diamond called "Ocean Dream" sold for $17.3 million at Christie's auction in Geneva. This price set a new record for this type of diamond and was much higher than its estimated value before the sale.

Key Facts

  • The diamond weighs 5.5 carats and is shaped like a triangle.
  • It is the largest fancy vivid blue-green diamond known to exist.
  • The stone was found in Central Africa in the 1990s.
  • The auction price of $17.3 million was double the price it sold for in 2014.
  • The buyer was a private client, but their identity was not revealed.
  • The diamond was sold in about 20 minutes, showing strong interest.
  • Other rare colored diamonds at Sotheby's and Christie's have sold for millions in recent years.
  • Colored diamonds are very rare and attract collectors worldwide.
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