Valued at $48 million.. Dubai hosts the rare blue season “The De Beers Cullinan Blue”
Dubai hosted the rare blue diamond “The De Beers Cullinan Blue”, which was presented by the Dubai Diamond Exchange, yesterday, Wednesday, in the presence of the Executive Director of the Dubai Multi Commodities Center Ahmed bin Sulayem.
Sotheby's auction house unveiled the unique diamond, as part of the activities of Dubai Diamond Week, according to what was announced by the Dubai Multi Commodities Center website, and this comes before it will be auctioned during the Hong Kong Week for Luxury Pieces next April.
The 15.10 carat “The De Beers Cullinan Blue” diamond, according to British magazine “Titler”, is the largest blue diamond ever to be auctioned, and the largest flawless and vivid blue diamond designed by the GIA, which ranked it as “Fancy Vivid Blue”. , which is the highest color classification for diamonds, and its price is estimated at more than 48 million dollars, equivalent to 176 million dirhams.
Before Dubai, the rare diamond was exhibited in New York and London, and from the Emirati city it will continue its journey to Singapore, Taiwan and then Shanghai before reaching its final destination in Hong Kong for auction.
The rough stone of the rare diamond was discovered in April 2021 in the Cullinan mine in South Africa, and the companies "Diacore" and "De Beers" bought the stone, which weighs about 40 carats, for $ 40 million.