Jewelry Blog

On Saturday French auction house Guizzetti-Collet sold a 6.5 carat blue diamond for €2.43 million ($3.56 million), which totaled $547,692 per carat. The hammer price came to more than three times the stone’s estimated value of between €500,000 and €700,000.

The Reims-based auction house said that the “blue intense homogenous” diamond with “extraordinary” coloration, was taken from a ring bought in 1962 by the owners of a champagne house.

An international company specializing in buying precious stones placed the winning bid by phone, according to AFP. The company’s name was not released.

It’s not often old eggs are sold for very much, but when it’s a 105 year old Faberge Egg covered in pink diamonds there may be an exception. The egg, which also features a miniature clock and a rooster flapping his wings, drew a final price of a staggering $18.5 million, shattering the previous Faberge Egg record of $9.6 million sold in 2002.

Originally created in 1902, this particular egg was purchased by an unnamed Russian collector and it marks a continued return of Russian art to it’s original home in Russia as more and more Russian collectors have he ability to recover them.