The world’s largest and rarest blue diamond will be sold at Hong Kong’s Sotheby’s Auction House. Sotheby’s tweeted that the De Beers Cullinan Blue Diamond is the biggest and brightest diamond ever found. Frank Everett, Sotheby’s Senior Vice President and Selling Director of Jewelery, told that the diamond is 15.10 carats and will be offered for sale at the auction house in April.
The. The value of this diamond found in Africa’s Cullinan mine last year was 360 crores. has been calculated.
The auction house expects the 15.10-carat De Beers Cullinan Blue diamond to sell for more than $48 million. Frank Everett said that this diamond is remarkable on many levels.
According to Frank Everett, the market for jewelry has been very strong over the years.
Sotheby’s said in a statement that the diamond was cut from a rough 39.34 carat piece at the Cullinan mine in South Africa. Based on the quality of the diamond, its ranking was determined.
The quality of the diamond is assessed through the Gemological Institute of America (GIA).