Blue diamond sets auction record

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.

The ring features a 9.87 carat colorless triangular-shaped diamond paired with a triangular 10.95 carat “Fancy Vivid” blue diamond, the largest such blue diamond of this cut ever offered at auction.

The jewel had been bought in Rome in 1972 for $1 million, which is the equivalent of about $5 million today, Christie’s auction said.

It had been given as a gift from the collector to his wife to celebrate their first son’s birth, according to Christie’s.

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