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Enjoy the largest oval fancy vivid blue diamond ever to appear at auction

Enjoy the largest oval fancy vivid blue diamond ever to appear at auction
Yareah Magazine

Enjoy the largest oval fancy vivid blue diamond ever to appear at auction. Sotheby’s Hong Kong Spring Sales on 5 April 2016.

De Beers Millennium Jewel 4

De Beers Millennium Jewel 4

Sotheby’s Hong Kong is honoured to present the ‘De Beers Millennium Jewel 4’, a rare and superb Oval Internally Flawless Fancy Vivid Blue Diamond weighing 10.10 carats – the largest oval fancy vivid blue diamond ever to appear at auction (Estimate HK$235 – 280 million / US$30 – 35 million), at the Magnificent Jewels and Jadeite Spring Sale on 5 April 2016. Offered for sale from an Asian private collection, ‘De Beers Millennium Jewel 4’ is the only oval-shaped stone among the twelve rare diamonds – eleven blue and one colourless – that form the world-renowned De Beers Millennium Jewels collection unveiled by De Beers in 2000 in celebration of the millennium. Each of the eleven blue diamonds in the collection boasts a combination of colour intensity, even saturation and brilliance that are rivalled by few other stones.

The ‘De Beers Millennium Jewel 4’ will be exhibited in New York, London (15 March) and Geneva (16 March) on an international itinerary, and in Singapore (13 – 14 March), Taipei (19 – 20 March) and Hong Kong (1 – 4 April) in Asia before going under the hammer on 5 April at the Hong Kong Convention and Exhibition Centre.

QUEK Chin Yeow, Deputy Chairman, Asia, and Chairman International Jewellery, Asia, said, “Over the years Sotheby’s has had the honour to bring to the market many important coloured diamonds, including the Blue Moon of Josephine that set the world auction record for any diamond last November. The market for coloured diamonds has gone from strength to strength and this spring we are thrilled to present the ‘De Beers Millennium Jewel 4’, the largest oval fancy vivid blue diamond ever to appear at auction. Fifteen years ago I had the great opportunity of seeing this magnificent stone for the first time and it is an absolute delight now to have it in one’s hand, to admire it again and to offer it for auction in Asia. This beautiful blue stone combining Nature’s rare beauty, superlative colour, unusual shape and illustrious provenance offers yet another wonderful collecting opportunity for connoisseurs worldwide.”

“To be able to unveil not only one diamond but a collection of such rarity that most of us will not see its like again is, I think, the only adequate way to mark the passage of 2000 years of man’s history.” Harry Oppenheimer, Former Chairman of De Beers, on the “De Beers Millennium Jewels.”

DE BEERS MILLENNIUM JEWELS: A ONCE-IN-A-MILLENNIUM EXPERIENCE.

To celebrate the millennium in 2000, De Beers, together with The Steinmetz Group, showcased an exceptional collection of rare and valuable diamonds, namely the ‘De Beers Millennium Jewels’, in a specially designed exhibit at London’s Millennium Dome. Assembled over decades, the collection consisted of the 203.04-carat colourless diamond ‘Millennium Star’ and eleven phenomenal blue diamonds (pictured right) of various shapes and sizes, totalling 118 carats, all expertly cut and polished. Nine out of the eleven blue diamonds have been graded by the GIA as of Fancy Vivid colour, the highest possible colour grading for coloured diamonds, and two of Fancy Intense colour. All of them originate from the Cullinan Mine in South Africa and each was specially inscribed with a De Beers Millennium number using a proprietary branding technique. Since their initial appearance at the Millennium Exhibition in 2000, only one of these diamonds have ever come into the open market, when Sotheby’s Hong Kong sold the ‘De Beers Millennium Jewel 11’, a 5.16-carat Internally Flawless Pear-shaped Fancy Vivid Blue Diamond, in April 2010.

BLUE DIAMONDS.

Extremely rare and highly coveted in history for its captivating blue sparkle, blue diamonds owe their colour to impurities of boron during the stone’s formation, and many are naturally modified with a grey secondary tone, or an uneven saturation with areas of colourless windowing. Blue diamonds make up much less than 0.1 percent of all diamonds recovered at the Cullinan mine, and to discover one annually of quality and size is an extremely unusual occurrence. Very few stones have the intensity or even saturation as these Millennium blue diamonds and it is this combination of colour, saturation and brilliance that make them truly miracles of Nature.

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