for subscribers

Largest blue diamond goes to auction for $45m

Share your Subscriber Article
You have 5 articles to share every month. Send this story to a friend!

New York - The largest fancy vivid blue diamond ever offered at auction is set to go on sale on May 18 at Christie’s in Geneva.

The 14.62-carat stone, the "Oppenheimer Blue," is named after its previous owner, Sir Philip Oppenheimer, whose family controlled De Beers for 80 years before selling its 40% stake to Anglo American for $5.1bn in 2012.

The diamond, whose “fancy vivid” designation rates it the highest and clearest saturation color blue possible, is estimated to sell for $38m to $45m.

There’s more to this story
Subscribe to News24 and get access to our exclusive journalism and features today.
Subscribe
Already a subscriber? Sign in
ZAR/USD
17.42
(+0.10)
ZAR/GBP
22.77
(+0.02)
ZAR/EUR
20.59
(-0.00)
ZAR/AUD
12.46
(+0.38)
ZAR/JPY
0.16
(+0.28)
Gold
1952.30
(+1.67)
Silver
27.44
(+7.13)
Platinum
960.00
(+3.27)
Brent Crude
45.32
(+2.09)
Palladium
2175.50
(+1.97)
All Share
57419.46
(+0.00)
Top 40
53082.08
(-0.08)
Financial 15
10227.06
(+0.86)
Industrial 25
75743.15
(-0.61)
Resource 10
59161.88
(+0.29)
All JSE data delayed by at least 15 minutes morningstar logo
Company Snapshot
Voting Booth
Do you think it was a good idea for the government to approach the IMF for a $4.3 billion loan to fight Covid-19?
Please select an option Oops! Something went wrong, please try again later.
Results
Yes. We need the money.
11% - 989 votes
It depends on how the funds are used.
74% - 6591 votes
No. We should have gotten the loan elsewhere.
15% - 1382 votes
Vote