10.95 carat fancy vivid blue diamond!!!!!!

[soberguy]

Shall we pool our resources and bid? We can call it the Brother/Sisterhood of the traveling blue diamond lol! I get the first wearing lol!!!

http://news.yahoo.com/s/ap/20100910/ap_ ... ng_auction

 

[T L]

Can you imagine how many pages of praise that would get in the SMTR forum? It's not enough to be a huge vivid blue diamond, but it has a huge white diamond to accompany it.

 

[Nashville]

The diamond is gorgeous but that ring to me is... interesting? It just looks so random.

 

[klewis]

The diamond is gorgeous but that ring to me is... interesting? It just looks so random.

I have to agree Nashville, the ring looks quite odd and I wonder what would have possessed anyone to set 2 great stones that way.

 

[kenny]

I want.

 

[Arkteia]

The diamond is gorgeous but that ring to me is... interesting? It just looks so random.

I have to agree Nashville, the ring looks quite odd and I wonder what would have possessed anyone to set 2 great stones that way.

Maybe they were expecting twins? A boy and a girl? Ultrasound was not available in 1975.

 

[JewelFreak]

Maybe we can re-set that oddball thing & pass those beauties around? I'm in!

--- Laurie

 

[SB621]

I'm in

 

[yennyfire]

Count me in...wonder what Leon would do with those beauties!

 

[missydebby]

I'm good for a sixpunse, me lads

 

[platinumrock]

I saw this story, and I was wondering how long it would take before a PS'er would post this article.

It looks like a buy one/get one deal. You buy the nearly 11ct blue diamond for 15 million, and you get a white one of the same shape/size for free.

 

[T L]

I saw this story, and I was wondering how long it would take before a PS'er would post this article.

It looks like a buy one/get one deal. You buy the nearly 11ct blue diamond for 15 million, and you get a white one of the same shape/size for free.

What a bargain!! LOL!

 

[iLander]

But what is the ROI on this puppy?

I got out my trusty compound interest calculator and it comes to about 7.8% per year, over the 38 year period (the guy bought it in 1975). Which, frankly, is pretty good. It's over twice the average annual inflation rate, and that's if it sells at only 15 million. I suspect it will be closer to 28 million (just a hunch), which puts the compound interest to over 9%.

Now, the Dow Jones Industrial average was in the mid-700's in 1975 and is currently around 10,000. The compound interest rate on this is just about 7% per year.

So, dear Pricescopers, next time your significant other flinches over your "investment", you can point out to them that there is a possibility that, over time, it could out-perform the stock market.

But it has to be "investment quality", like a high-end ruby, sapphire, diamond, fancy colored diamond, etc.

And because the top of the market tends to go up, SPEND BIG!

LOL

 

[petrock<3]

Count me in...wonder what Leon would do with those beauties!

This exactly!!

 

[chrono]

The design of the ring takes a lot of getting used to but the size of the blue diamond is really something. Granted, the cut is also quite challenging to set in a ring.

 

[Imdanny]

I've never been a fan of Bulgari. I run into a few things I like; this isn't one of them. I'd take the blue diamond though.

I actually met Nick Bulgari. I was driving his Buick (no, I'm not kidding) on Park Avenue and I drove one of the tires onto a curb.

I was a young man then. I hadn't driven very many times in NYC.

He comes running up to me screaming! Just screaming at me, ranting.

Yes, I made a mistake, but I thought that was uncalled for.

I've heard some gossip about him that I should probably keep to myself. But our meeting wasn't a pleasant one.

 

[Imdanny]

The design of the ring takes a lot of getting used to

This.

David at DBL has a Bulgari ring with an interesting and unique (large) yellow diamond. Unusual cut diamond and ring (very expensive, $500,000 range type expensive).

I guess they have their own aesthetic. Like I said, not usually a fan.

 

[Lady_Disdain]

Hummm... I would have to see it in person. I think that photo is colour enhanced - at least, based on my disappointment on seeing the Hope and the Wittelsbach-Graff. Then again, this one is graded fancy vivid blue, not greyish blue.

I do love the large baguette band, though. If you remove the large diamonds from both sides (and reset them as a lovely pendant).

 

[iLander]

NEWS UPDATE: IT WENT FOR OVER 15 MILLION!

A rare, two-stone ring set a new record price per carat for a blue diamond at auction when it sold for $15.7 million to an Asian collector, Christie's auction house said.

The Bvlgari Blue Diamond, a ring designed in the 1970s, was expected to fetch around $12 million at an auction Wednesday in New York, owing to the rarity and size.

Featuring a triangular-shaped Fancy Vivid blue diamond of 10.95 carats – paired with triangular-shaped colorless diamond of 9.87 carats – it was the largest triangular-shaped Fancy Vivid blue diamond ever to appear at auction, Christie's said.

After a trading bets on the phone in increments of $500,000 with a European collector, an Asian collector secured the piece for $15,762,500 with premium.

Fancy Vivid blue diamonds are among the rarest and most sought-after of colored diamonds, as only one in about 10 million possess a color pure enough to qualify as “Fancy Vivid,” according to Christie's.

The piece was the final jewel offered up in the 447-item auction, which brought in $52.5 million, Christie's said.

The Bvlgari Blue came from a private European collector who bought the ring at Bvlgari's flagship boutique in Rome, Italy, in 1972 for his wife to celebrate the birth of their first child, Christie's said.

Its final sale price in 1972 was about $1 million.

 

[innerkitten]

It is an unusual setting but being an unusual diamond it's neat to see it in an unusual setting.
I'd wear it.