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Sotheby’s to Sell $19M Blue Diamond – Loans for Jewelry Boca Raton

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Loans for Jewelry Boca Raton

According to mining.com Sotheby’s is expecting a rare blue diamond to bring $19 million at auction in October.  The auction is being held in Hong Kong.  If it does sell for $19M that will be $2.5M per carat, breaking all records on a per carat basis for any diamond sold.  This diamond would definitely be enough collateral for a huge loans for jewelry Boca Raton.

At 7.59 carats “The Premier Blue” is one of the most visually stunning diamonds ever seen.  It has a clarity grading from GIA (Gemological Institute of America) of IF (Internally Flawless).  It is extremely rare for any diamond to be grading IF especially one that is over 7 carats.  The diamond is cut as a round brilliant.

Visually, the Premier Blue is the size of a shirt button.  GIA gave it a color of “fancy vivid blue” which makes it the largest stone ever graded to that color.  The picture online doesn’t do it justice, I’m sure it looks even more amazing in person.

loans for jewelry boca raton

It’s also rare that such a large diamond cut to be a round brilliant.  When cutting a stone to be round, you waste a lot of the stone making this stone even more rare.  Blue diamonds have an awesome look and have been purchased by royalty for generations.

This stone would be by far the coolest thing to walk into a pawn shop, if someone needed cash.  Can you imagine the look on the employees faces?  I’m sure you can get multiple millions of dollars for a loans for jewelry Boca Raton on this stone.

by, Seth Marcus at Boca Raton Pawn

 

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