AuctionsOct 07, 2022
‘Williamson Pink Star’ Diamond Sets Auction Record at $57.7M AuctionsOct 13, 2022
These 8 Blue Diamonds Worth $70M+ Will Go Up for Auction
“The De Beers Exceptional Blue Collection” will be sold across Sotheby’s jewelry auctions this year and through spring 2023.
These eight blue diamonds, weighing 32.09 carats total and valued at more than $70 million, will be auctioned off at Sotheby’s beginning next month through the winter and spring 2023.
New York—The upcoming auction season is definitely one for blue diamond lovers.
Sotheby’s has announced it will sell a group of eight fancy blue diamonds valued at more than $70 million total across its Magnificent Jewels auctions this year and into the spring.
“The De Beers Exceptional Blue Collection,” sourced and assembled by the diamond company, is appearing at auction for the first time.
The group is comprised of eight blue diamonds of various shapes and weights, ranging in size from a 1.22-carat oval brilliant-cut to an 11.29-carat step-cut diamond, for a total weight of 32.09 carats among them.
Three of the diamonds will be offered this year: the 5.53-carat stone will be a highlight of Sotheby’s Magnificent and Noble Jewels auction in Geneva on Nov. 9, while the 3.24-carat diamond and the 2.08-carat diamond will be offered in New York on Dec. 7.
The full list of the eight diamonds and their estimates are as follows.
--11.29-carat step-cut fancy vivid blue (estimated at $28 million-$50 million)
--5.53-carat cushion brilliant-cut fancy vivid blue (estimated at $11 million-15 million)
--4.13-carat step-cut fancy intense blue (estimated at $2.5 million-$3.5 million)
--3.24-carat cushion brilliant-cut internally flawless fancy vivid blue (estimated at $5 million-$8 million)
--3.10-carat cushion brilliant-cut fancy vivid blue (estimated at $4.5 million-$5 million)
--2.08-carat cushion-cut fancy intense blue (estimated at $1.2 million-$1.5 million)
--1.50-carat round brilliant-cut fancy intense blue (estimated at $750,000-$1 million)
--1.22-carat oval brilliant-cut fancy intense blue (estimated at $600,000-$800,000)
De Beers and Diacore jointly paid $40.36 million for five rough blue diamonds from the Cullinan mine weighing 85.62 carats total in November 2020.
Over almost two years, Diacore cut and polished the five rough stones to create the eight blue diamonds in the collection Sotheby’s is now presenting.
Related stories will be right here …
Sotheby’s has announced it will sell a group of eight fancy blue diamonds valued at more than $70 million total across its Magnificent Jewels auctions this year and into the spring.
“The De Beers Exceptional Blue Collection,” sourced and assembled by the diamond company, is appearing at auction for the first time.
The group is comprised of eight blue diamonds of various shapes and weights, ranging in size from a 1.22-carat oval brilliant-cut to an 11.29-carat step-cut diamond, for a total weight of 32.09 carats among them.
Three of the diamonds will be offered this year: the 5.53-carat stone will be a highlight of Sotheby’s Magnificent and Noble Jewels auction in Geneva on Nov. 9, while the 3.24-carat diamond and the 2.08-carat diamond will be offered in New York on Dec. 7.
The full list of the eight diamonds and their estimates are as follows.
--11.29-carat step-cut fancy vivid blue (estimated at $28 million-$50 million)
--5.53-carat cushion brilliant-cut fancy vivid blue (estimated at $11 million-15 million)
--4.13-carat step-cut fancy intense blue (estimated at $2.5 million-$3.5 million)
--3.24-carat cushion brilliant-cut internally flawless fancy vivid blue (estimated at $5 million-$8 million)
--3.10-carat cushion brilliant-cut fancy vivid blue (estimated at $4.5 million-$5 million)
--2.08-carat cushion-cut fancy intense blue (estimated at $1.2 million-$1.5 million)
--1.50-carat round brilliant-cut fancy intense blue (estimated at $750,000-$1 million)
--1.22-carat oval brilliant-cut fancy intense blue (estimated at $600,000-$800,000)
De Beers and Diacore jointly paid $40.36 million for five rough blue diamonds from the Cullinan mine weighing 85.62 carats total in November 2020.
Over almost two years, Diacore cut and polished the five rough stones to create the eight blue diamonds in the collection Sotheby’s is now presenting.
They will be on display in Hong Kong from Oct. 17-19, followed by Singapore from Oct. 20-21, Taipei from Oct.26-27, and Geneva from Nov. 4-8.
“I have remained in awe of ‘The De Beers Exceptional Blue Collection’ since the first moment I set eyes on it,” said Olivier Wagner, head of Sotheby’s Magnificent Jewels Auctions in Geneva.
“The market for colored diamonds and precious gemstones has never been stronger, so we are absolutely thrilled to be offering the first diamond of this superb collection as one of the star highlights of our Magnificent Jewels and Noble Jewels auction next month in Geneva. This important gem will, I am sure, captivate all collectors of exceptional gemstones.”
News of the diamond collection comes less than a week after the record-breaking sale of the “Williamson Pink Star” at Sotheby’s.
The 11.15-carat fancy vivid pink diamond sold for more than $57 million in Hong Kong last Friday. With a per-carat sale price of roughly $5.2 million, it now holds the price-per-carat record for any diamond or gemstone sold at auction.
Sotheby’s also sold the De Beers Blue in April, a 15.10 carat step-cut fancy vivid blue diamond that went for $57.5 million.
Editors' Picks
Sponsored by
More on Auctions
The Latest
EditorsSep 15, 2026
2026 Emmys Jewelry: An Either/Or Proposition Stars wore either a necklace or earrings at 78th Primetime Emmy Awards but rarely both, Natalie Francisco notes.
ColumnistsSep 15, 2026
The Levels Your Website Must Clear Before AI Recommends YouJennifer Shaheen compares this new era of AI-powered SEO to a video game: your website must clear one level before advancing to the next.
IndependentsSep 15, 2026
Armadani Launches Retail Support Program for Holiday SeasonThe program highlights “Made in Italy” fine jewelry with digital merchandising, sales education, and local marketing support.
Brought to you by
Your Piece Could Be the One Editors Talk AboutSubmit your pieces for a chance to win in this year's competition.
EditorsSep 15, 2026
Q&A: Signet Jewelers’ Joan Hilson on Diamond Demand, the HolidaysHilson, Signet’s chief operating and financial officer, discussed Q2, resurgent natural diamond demand, and why Blue Nile is a standout.
Weekly QuizSep 10, 2026
This Week’s QuizTest your jewelry news knowledge by answering these questions.
ColumnistsSep 14, 2026
Sherry Smith: Stop Waiting for December to Save Your ChristmasThe stores that have a great December are the ones that made good decisions in August, September, and October, Sherry Smith writes.
IndependentsSep 14, 2026
Greenwich St. Jewelers to Unveil Photography Exhibition“Adornos: Jewelry, Memory & What We Pass Down” honors the jewelry’s importance to New York City’s Latine communities.
Brought to you by
Why More Jewelry Retailers Are Hosting Turnkey Estate Buying EventsRetailers are seeking new ways to attract customers, increase traffic, and create revenue – Estate buying events are a popular solution.
SourcingSep 14, 2026
Gemfields Sells All Lots at First Emerald Auction in 9 MonthsThe company’s managing director of sales said the results demonstrate “continued strong demand for commercial-quality emeralds.”
SourcingSep 14, 2026
Diamonds Do Good Pledges Support for Eye Care ProgramThe nonprofit awarded a grant to the Gift of Sight initiative spearheaded by South African musician Black Coffee.
CollectionsSep 11, 2026
A Sapphire ‘Stardust’ Ring From Greenwich St. Jewelers The Latine-owned New York jeweler is marking two milestones this year: its 50th anniversary and the 25th anniversary of the 9/11 attacks.
MajorsSep 11, 2026
The Wishing Place by JTV OpensThe jewelry retail broadcast network has sponsored a new space for Make-A-Wish East Tennessee on its campus in Knoxville.
Events & AwardsSep 11, 2026
The Edge Awards Scholarships to 2 Young Jewelry ProfessionalsThe recipients were recognized at the 24 Karat Club of the Southeastern United States’ annual banquet.
MajorsSep 10, 2026
Lagos Founder Steven Lagos Steps Down as CEO Keith Rolfe, CFO and COO of Lagos, is now at the jewelry brand’s helm while Steven takes on the role of executive chairman.
CrimeSep 10, 2026
FBI Offers $50K Reward for ‘Most Wanted’ Fugitive in $1M Jewelry HeistAlberto Perez-Elias is one of four men charged in the armed robbery of a Cape Coral, Florida, jewelry store and remains at large.
SourcingSep 10, 2026
AGTA Announces 4 Newly Elected DirectorsFour directors were elected to the AGTA board and will serve three-year terms beginning in February.
AuctionsSep 10, 2026
Former Sotheby’s, Christie’s Exec Appointed CEO of Julien’s Auctions Ken Citron joins the celebrity memorabilia-focused auction house ahead of its first week-long series of events in Abu Dhabi.
FinancialsSep 09, 2026
Signet Jewelers to ‘Double Down’ on Blue Nile Amid Strong SalesThe jewelry retailer said it sees opportunity at higher price points, particularly in natural diamonds for bridal and fashion.
IndependentsSep 09, 2026
Sarah Leonard Fine Jewelers Closes After Nearly 80 YearsThe Los Angeles-based, family-owned jeweler was founded by Lenny and Sunny Friedman in 1946.
SourcingSep 09, 2026
Fura Gems Notes ‘Remarkable’ Interest in Larger Rubies at Latest SaleThe auction, held in Bangkok, was 96 percent sold by lot, with nearly 411,000 carats of Mozambiquan rubies sold.
MajorsSep 09, 2026
Stuller’s Latest Catalog Includes Its New Demi-Fine CollectionFine Jewelry 2027-2028 has more than 900 new styles, including silver, gold-filled, gold-plated sterling silver, and vermeil jewelry.
Policies & IssuesSep 09, 2026
8 Key Changes the FTC Made to the Jewelry Guides: A Refresher Learn more about the new terms for lab-grown diamonds and composite gemstones, and the major changes in store for precious metals jewelry.
IndependentsSep 08, 2026
Ricky Bromberg, Longtime President of Bromberg & Co., Dies at 67 Bromberg is remembered as a Southern gentleman who always wore a suit and tie and treated others with kindness.
TrendsSep 08, 2026
Amanda’s Style File: A Hot Take on September’s Birthstone With high durability and a wide range of colors to choose from, sapphires may be the ultimate birthstone, Gizzi claims.
ColumnistsSep 08, 2026
Peter Smith: Humor Is No Laughing MatterLaughter is often considered a distraction in the workplace, but it has benefits for both staff and management, Peter Smith writes.
MajorsSep 08, 2026
Former Tiffany & Co. Exec Joins Exemplar Luxury GroupGretchen Koback Pursel is the new chief people officer at the company formerly known as Saks Global.
IndependentsSep 04, 2026
Orloff Jewelers Will Soon Unveil a Bigger, Better LocationThe California jeweler is renovating its store in Fresno, with plans to show off the new space in December.
