- Associated Press - Tuesday, October 11, 2016

LONDON (AP) — A diamond ring that’s the ultimate in bling is set to go under the hammer, with an estimated price of $15 million to $25 million.

Sotheby’s auction house says the Cartier ring holds an 8.01 carat blue stone named the Sky Blue Diamond. It will be displayed in London on Thursday through Monday before a sale in Geneva on Nov. 16.

David Bennett, chairman of Sotheby’s jewelry division, said Tuesday that the diamond was a “wonderfully clear celestial blue, presented in an extremely elegant square emerald cut.” He said it would “captivate all collectors of exceptional gemstones.”

In May, the 14.62 carat “Oppenheimer Blue” diamond sold for more than 56.8 million Swiss francs ($57.6 million), including fees, crushing the previous record for the most expensive diamond ever sold at auction.

Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times is switching its third-party commenting system from Disqus to Spot.IM. You will need to either create an account with Spot.im or if you wish to use your Disqus account look under the Conversation for the link "Have a Disqus Account?". Please read our Comment Policy before commenting.

 

Click to Read More and View Comments

Click to Hide