"Rare Gem with No Internal Flaws" 'Pureun Diamond' Sold for 50 Billion Won at Auction

Rare Diamond 'Blue Royal'
Privately Owned, Now Up for Auction

The globally rare diamond 'Blue Royal' was sold at auction for over $40 million (approximately 52.4 billion KRW). This is the highest price achieved for a gemstone sold this year.

On the 7th (local time), BBC and others reported that Blue Royal was sold for $43.8 million (approximately 57.4 billion KRW) at the Christie's auction held in Geneva, Switzerland. This price far exceeded the initial estimate of $35 million (approximately 45.8 billion KRW).

Christie's stated, "Blue Royal is one of the rarest diamonds ever discovered," and described it as a "blue gemstone without internal flaws."

Blue Royal Diamond. [Image source=Christie's auction house website]

Christie's also noted that in their 250-year auction history, there have only been three occasions when blue diamonds over 10 carats with vivid color have been offered. The most recent was the 14.62-carat 'Oppenheimer Blue' sold in 2016, which fetched $57 million (approximately 74.7 billion KRW).

The Blue Royal that went up for auction this time had been privately owned for 50 years before being auctioned for the first time. It is quite large at 17.61 carats and was set in a ring.

Christie's explained, "Blue Royal is the most expensive gemstone sold at auctions worldwide in 2023." However, the buyer's identity has not been disclosed.

This content was produced with the assistance of AI translation services.