South Africa’s De Beers’ Cullinan Diamond sold for $57.4 million

South Africa’s De Beers’ Cullinan Diamond sold for $57.4 million, UncensoredGH.com

The gem, recovered from the Cullinan mine in South Africa in April 2021, The De Beers’ Cullinan blue diamond has been sold for $57.4 million.

The largest vivid blue diamond ever to appear at an auction was sold to an anonymous buyer on Wednesday, April 27, 2022 at Sotheby’s in Hong Kong.

Bidders pushed the 15.1 carat to HK$390 million, while auction premiums added the rest.

Diamonds come in many colours, however, pink and blue are the most sort after and the rarest amongst diamonds.

Such gems are found at levels four times deeper than most diamonds, according to the Gemological Institute of America.

In 2016, the Oppenheimer Blue was sold for CHF56.8 million in Geneva and Sotheby’s sold a blue diamond for more than $4 million a carat in Geneva in 2015.

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