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12.03 Carat Blue Moon Diamond Could Fetch $55 Million At Sotheby’s Auction

12.03 Carat Blue Moon Diamond Could Fetch $55 Million At Sotheby's Auction

The rare and stunning 12.03 carat Blue Moon diamond will be going on sale at a Sotheby’s jewelry auction this November. This internally flawless diamond could fetch $55 million when hit the auction block. “Blue for me is the most mysterious and magical of all diamond colors.” said Sotheby chairman David Bennett. “This gem will now take its place among the most famous gems in the world.”

12.03 Carat Blue Moon Diamond Could Fetch $55 Million At Sotheby's Auction
12.03 Carat Blue Moon Diamond Could Fetch $55 Million At Sotheby’s Auction

The Blue Moon diamond was found in South Africa’s Cullinan Mine last year and has been shown around the world with onlookers admiring its radiance and shine, which some say is magical. The Cullinan mine is responsible for at least one fourth of the world’s diamond supply and is expected to produce around one million carats in the span of half a century.

12.03 Carat Blue Moon Diamond Could Fetch $55 Million At Sotheby's Auction
12.03 Carat Blue Moon Diamond Could Fetch $55 Million At Sotheby’s Auction

Categorized as a fancy vivid blue diamond, the Blue Moon is the largest cushion-shaped stone in that category to ever appear at auction.
The record sale for a blue diamond so far came in November last year, when a 9.75 carats fetched $32.6 million at an auction in New York.

12.03 Carat Blue Moon Diamond Could Fetch $55 Million At Sotheby's Auction
12.03 Carat Blue Moon Diamond Could Fetch $55 Million At Sotheby’s Auction

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Written by Slamchica

Aleksandra Arsenovic graduated with a degree in economics and has a master degree in tourism. Since she worked as a travel agent, she has traveled around the world and developed an interest in luxurious hotels and exotic destinations. As a big fashion fan, Aleksandra loves expensive and luxury fashion items. As an editor of Extravaganzi she shares her knowledge about travels, fashion and accessories.

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