A Rare Blue Diamond Ring Sells at Auction for £1.9 Million
A unique blue diamond ring by Bulgari has doubled its estimated sales price at auction this week, fetching £1,889,250 million. The ring was made in the in the mid-1960s and was expected to reach around £800,000 at auction. The ring is a unique cross over design consisting of a rare pear shaped blue diamond and various other diamond shapes. The ring was sold yesterday at auction to a lucky phone bidder. The fine jewellery auction was held at Bonham’s auction room, this rare blue diamond ring came from a private European collection of fine diamond jewellery. The diamond ring comprises a vivid fancy coloured, pear shaped blue diamond with a carat weight of 3.78. The rarity and size of this diamond is so exquisite, that only one in ten have a blue colour so pure to be graded as fancy vivid. The ring emphasises craftsman’s ship and design of the jewellery in the 1960s and is an exceptionally designed diamond ring due to its incredibly rare blue diamond. Bulgari jewellery designs boast a collection of exceptionally stunning and rare diamonds and where commissioned by Richard Burton to make certain pieces in Elizabeth Taylors Jewellery collection. It seems that the results of this sale are proving that diamonds are a desired asset and will hold their value, even though tough economic times.