Fancy Vivid Blue 3.73ct Diamond Goes to Graff in Sotheby’s Auction

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London jeweler Laurence Graff bought a rare 3.73 carat fancy vivid blue diamond, mounted in a platinum ring, at Sotheby’s “Magnificent Jewels, Noble Jewels and Jewels from the Collection of Lily Marinho” auction last week for CHF5.201 million ($4.961 million).

The VVS1 pear shaped diamond is set between two pear shaped stone shoulders, and its accompanying GIA worksheet states that the stone may be potentially flawless after repolishing.

The auction house noted that Graff also bought a 6.26 carat fancy light pink diamond ring for CHF1.673 ($1.596 million).

Other items of note in the sale included a pair of pear shaped diamond pendant ear clips, weighing 11.08 and 11.66 carats respectively; a 5.06 fancy vivid purplish pink diamond ring, surrounded by pear shaped stones and mounted in platinum, and a 33.45 carat Van Cleef and Arpels fancy intense yellow cushion shaped diamond, set within triangular diamond shoulders, mounted in yellow gold and platinum.

(May 18, '08, 8:18 IDEX Online Staff Reporter)

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