‘Bulgari Laguna Blu’ Diamond Makes Met Gala Appearance Ahead of Auction

AuctionsMay 03, 2023

‘Bulgari Laguna Blu’ Diamond Makes Met Gala Appearance Ahead of Auction

Priyanka Chopra Jonas wore the 11.16-carat pear-shaped blue diamond to the event.

Originally acquired by Bulgari in 1970 and set into ring for a private collector, the pear-shaped stone will go up for auction during Sotheby’s Geneva “Luxury Week” (May 12-16). It is expected to sell for more than $25 million. (Photo courtesy of Sotheby’s)
View Slideshow
New York—After five decades in a private collection, the “Bulgari Laguna Blu” diamond made a very public debut Monday, adorning the neck of actress and producer Priyanka Chopra Jonas at the Met Gala.

The Laguna Blu is an 11.16-carat fancy vivid blue diamond the Italian jewelry house selected and set into a ring in 1970 for a “discerning private collector” in Europe.

According to Sotheby’s, the stone has remained in that same private collection since, until Jonas, one of the brand’s celebrity ambassadors, wore it Monday.

For the Met Gala, the annual fundraiser for the Metropolitan Museum of Art’s Costume Institute that is considered the night for fashion, Bulgari reset the stone into a wreath-like diamond collar necklace.

20230503_Priyanka Chopra Jonas Nick Jonas.jpg
Priyanka Chopra Jonas and her husband, singer Nick Jonas, coordinated in black and white for the Met Gala. (Photo credit/courtesy of Theo Wargo-Getty Image)

The bay laurel wreaths Greco-Roman emperors wore served as inspiration for the design, which Chopra Jonas paired with a classic strapless black Valentino gown elevated for the occasion by a ruffled cape and white opera-length gloves.

Later this month, the pear-shaped Bulgari Laguna Blu will go up for auction at Sotheby’s “Luxury Week” in Geneva, scheduled for May 12-16.

The auction house estimates it will sell for more than $25 million, making the diamond the most valuable Bulgari gem ever offered for sale. 

20230503_Bulgari Laguna Blu insert.jpg
The “Bulgari Laguna Blu” diamond is an 11.16-carat fancy vivid, pear-shaped blue diamond that is unmodified, meaning it has not been recut in the 50-plus years since it was first faceted.

The blue diamond is part of a larger collection of Bulgari pieces from the same time period (early 1970s) and owned by the same European collector that are going up for auction during Luxury Week.

Other highlights of the collection include a 12.08-carat pear-shaped colorless diamond (estimate $600,000-$700,000) and an 18.78-carat step-cut colorless diamond ($900,000-$1.4 million).

“The Bulgari Laguna Blu is an extraordinary gem in every way,” Sotheby’s Geneva Head of Jewelry Olivier Wagner said. “[It] is bound to become the object of any collector’s dream and we are delighted that it will be first premiered at the always highly anticipated Met Gala’s red carpet.”

The sale of the Bulgari Laguna Blu will cap off what Sotheby’s described as a “trifecta of unique and extraordinary colored gemstones” it is putting up for auction this spring, starting with “The Eternal Pink” diamond and “Estrella de Fura” ruby at its “Magnificent Jewels” auction in New York on June 8.

 Related stories will be right here …

The Latest

De Beers Ryan Perry and David Prager
SourcingDec 04, 2023
David Prager To Leave De Beers in 2024

Ryan Perry, who has been with De Beers since 2002, also will be leaving the company next year.

Chrono24 ChronoPulse
WatchesDec 04, 2023
Chrono24 Debuts the ‘Dow Jones’ for Luxury Watches

The watch seller’s new index tracks sales data from 14 brands, including Rolex and Patek Philippe.

David Bouffard Signet Jewelers
MajorsDec 04, 2023
David Bouffard to Leave Signet, RJC

The industry veteran will step down from both roles in April 2024.

De Beers | Diamonds Falling
Brought to you by
The Most Important “C” in Diamonds: Confidence!

Without the ability to instill confidence within the industry and directly to the consumer, a diamond holds very little value.

David Webb turquoise and lapis ring
TrendsDec 04, 2023
Amanda’s Style File: Decadent December

Tanzanite, turquoise, and zircon are all options for December babies, who sometimes “get the birthday shaft,” Amanda Gizzi writes.

Weekly QuizNov 30, 2023
This Week’s Quiz
Test your jewelry news knowledge with this short test.
Take the Quiz
Lightbox x Roséate Light Wand pendants
Lab-GrownDec 01, 2023
Lightbox Teams Up With Brand Founded by Former Tiffany Exec

The lab-grown diamond brand also collaborated with the website The Future Rocks on a collection launching today.

Lila Moss Calvin Klein campaign
FinancialsDec 01, 2023
Movado Lowers Guidance Again After Q3 Sales Dip

The company said it is facing a “challenging retail environment” but is prepared for the holiday season.

Platinum  Guild International Diamond Rings
Brought to you by
If It’s Custom, Make It Platinum

With holiday proposals right around the corner, encourage your customers to go for platinum when making the big purchase.

Muzo emerald and argyle pink diamond necklace
CollectionsDec 01, 2023
Piece of the Week: Muzo’s Emerald and Argyle Pink Diamond Necklace

It’s the hero piece of the newest "Green Jewel" collection, a collaborative offering from the two mines.

Claire’s CFO COO Chris Cramer
MajorsNov 30, 2023
Claire’s Hires Former Bath & Body Works Exec as CFO, COO

Chris Cramer, who also spent time at Gen Z intimates brand Parade, will take on the dual role.

Kwiat diamonds
IndependentsNov 30, 2023
Frank Adams Rolls Out Kwiat’s ‘Mine to Shine’ Program

The retail offering lets customers track their diamond’s journey.

Diamond development hub in Angola
SourcingNov 29, 2023
Largest New Diamond Mine of the Decade Coming Online in Angola

The Luele mine is expected to eventually make the country the world’s third-largest diamond producer.

Holiday shoppers holding bags
SurveysNov 29, 2023
Holiday Shoppers Broke a Record This Weekend, Says NRF

From Thanksgiving through Cyber Monday, 200.4 million consumers shopped online and in stores.

Cast StyleBar Nordstrom
MajorsNov 29, 2023
Cast Debuts at Nordstrom, Closes on More VC Funding

The growing company also plans to open more of its own boutiques.

EditorsNov 29, 2023
Warren Buffett on Success, Mistakes and Betting on America

The best quotes from the Oracle of Omaha and his right-hand man Charlie Munger from the 2018 Berkshire Hathaway shareholders meeting.

J. Dostie Jewelers
IndependentsNov 28, 2023
Maine Jeweler to Relocate After 76 Years

J. Dostie Jewelers will move from Lewiston to Yarmouth this spring.

Finks Jewelers new store
IndependentsNov 28, 2023
Fink’s Jewelers Opens 10th Store

It’s the company’s second location in Tennessee.

Mary Tyler Moore and a pair of Elsa Peretti Bone Cuffs
AuctionsNov 28, 2023
Mary Tyler Moore’s Jewelry Is Up For Auction

You can have this jewelry, why don’t you take it?

Original Miami Beach Antique Show 2024
Events & AwardsNov 28, 2023
The Original Miami Beach Antique Show Is Celebrating 60 Years

Next year’s milestone show will be full of educational programming and collaborations.

De Beers Metamorphosis high jewelry earrings
EditorsNov 27, 2023
10 Tips for Selling Diamonds This Holiday Season

Sales experts and a diamantaire share their best advice on how to send customers home with diamond jewelry.

Platinum Born new collection
CollectionsNov 27, 2023
See the New ‘Platinum Born’ Jewelry

The brand has released five new collections.

Frank Adams Jewelers
IndependentsNov 27, 2023
Frank Adams Jewelers Named ‘Family Business of the Year’

The Albany Business Review recently honored the 100-year-old company.

GIA Dr. John W. Valley
GradingNov 27, 2023
Dr. John W. Valley Retires from GIA Board of Governors

To honor his legacy, GIA has set up a scholarship in his name.

Stock image of police car with its lights on
CrimeNov 22, 2023
JSA Warns of Surge in Attacks on Jewelers on the Road

There have been eight attacks in the last month, spanning from a jewelry store parking lot in Rhode Island to highways in California.

Buddha Mama citrine bangle
TrendsNov 22, 2023
Amanda’s Style File: November Glow

These 15 pieces of jewelry celebrate November babies and the hues of citrine and topaz that reflect the colors of the season.

Columbia Gem House fundraiser
SourcingNov 22, 2023
Columbia Gem House Raises $12K for Wildlife

The money will help a nonprofit rehabilitate sea turtles.

Facet Barcelona factory opening
MajorsNov 22, 2023
Facet Barcelona Opens New Factory in Spain

The jewelry manufacturer said it can now better serve the North American market.


This site uses cookies to give you the best online experience. By continuing to use & browse this site, we assume you agree to our Privacy Policy