Rare blue diamond shines at a $100M exhibition in | Business

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Rare blue diamond shines at a $100M exhibition in – Business News

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 A uncommon blue diamond was on show Tuesday at an exhibition of $100 million price of the world’s rarest diamonds in the United Arab Emirates’ capital, Abu Dhabi.

The eight diamonds on show at the Sotheby’s exhibition have a complete weight of over 700 carats.

The 10-karat blue diamond from South Africa,thought of one of probably the most important blue diamonds ever found. AFP by way of Getty Images

Sotheby’s expects it to be auctioned off at $20 million in May. AFP by way of Getty Images

Visitors targeted on the 10-karat blue diamond from South Africa, thought of one of probably the most important blue diamonds ever found. Sotheby’s expects it to be auctioned off at $20 million in May.

A 40.29-carat radiant-cut fancy gentle pink diamond ring, left and a 102.60-carat spherical white diamond. Eight diamonds on show at the Sotheby’s exhibition have a complete weight of over 700 carats. AFP by way of Getty Images

The 5.05-carat sq. emarald-cut Fancy Brown-Red diamond. AP

Quig Bruning, the company’s head of jewels in North America, Europe and the Middle East, stated they selected Abu Dhabi for the present exhibition as a result of of the Gulf nation’s high curiosity in diamonds.

“We have great optimism about the region,” he stated. “We feel very strongly that this is the kind of place where you have both traders and collectors of diamonds of this importance and of this rarity.”

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