A SENSATIONAL COLORED DIAMOND RING, BULGARI
Fancy vivid blue cushion modified brilliant-cut diamond of 8.08 carats, triangular-cut diamonds, platinum, ring size 6 ¼, signed Bulgari, blue Bulgari case
GIA, 2018, report no. 2191711258: 8.08 carats, Fancy Vivid Blue, natural color, VS2 clarity, Type IIb
According to geologists, these wonders of the natural world were formed in the hot layer between the earth’s crust and its core, at depths reaching 400 miles, over 500 million years ago.
On 5 December in New York, an 8.08 carat cushion-cut Fancy Vivid Blue diamond mounted as a ring by Bulgari was offered in the Magnificent Jewels sale (estimate: $13,000,000-18,000,000). Described as a ‘miracle of nature’, it is a rare masterpiece by the luxury Italian jewelers, and may be counted among the finest blue diamonds ever to have come to market.
Actual Description from The Christies Book:
As one of the world’s distinguished jewelry houses, Bulgari holds a place in history as a paragon of superb craftsmanship and style, spanning over more than a century. In 1879, Sotirio Bulgari moved to Rome where he opened his first shop on the Via Sistina and in 1905, he transferred to Via dei Condotti. Upon his death in 1932, his sons Giorgio and Constantino took command of the business and are credited with developing the distinctive Bulgari style, inspired by Greek and Roman classicism, the Italian Renaissance and the 19th century Roman school of goldsmiths. Generation after generation, the Bulgari family has maintained the integrity of the classical Roman aesthetic, keeping within the design principles upon which the House was founded; characterized by elegant simplicity, Bulgari designs recall the grandeur of classical design. The 1970s marked the House’s international expansion and to this day, the most fashionable women around the globe count Bulgari as a favorite source of exquisite jewels. Today, the firm is overseen by Nicola and Paolo Bulgari, grandsons of Sotirios Bulgari. They continue to oversee the production of jewelry that is both universal in scope, yet unique in aesthetic –true to the firm’s heritage. From captivating sapphires, stunning rubies and refined emeralds to the rarest diamonds, Bulgari creations feature some of the most prestigious gemstones in the world. On December 5th, Christie’s is honored to present a true Bulgari masterpiece. Offered from a private collection, this 8.08 carat fancy vivid blue diamond is truly a rare find and a splendid treasure to behold.
Rahul Kadakia brought the hammer down as the last lot of the year with this incredible Vivid Blue Diamond, at $18.3 Million dollars including the premium, auction house said it is “among the finest blue diamonds ever to have come to market.” Don't you just love investing in "absolutes?" ... We Do!