Editor’s Note
This article highlights the unveiling of the “Mediterranean Blue,” a rare 10.03-carat blue diamond valued at an estimated $20 million, ahead of its upcoming auction in Geneva.
A large 10.03-carat blue diamond, estimated to be worth $20 million, was unveiled in a preview on Tuesday in Abu Dhabi, the capital of the United Arab Emirates, ahead of its auction scheduled for mid-May in Geneva, Switzerland. Named the “Mediterranean Blue,” this jewel is the centerpiece of a collection valued at approximately $100 million, which will be auctioned by Sotheby’s in Geneva.
According to the auction house Sotheby’s, the “Mediterranean Blue” will also be presented to enthusiasts in Taipei, Hong Kong, and New York before the sale.
emphasized Quig Bruning, Head of Sotheby’s Jewelry Department for North America, Europe, and the Middle East, in the capital of the wealthy oil-rich emirate.
The “Mediterranean Blue” will not be sold alone. It is the main lot of a collection expected to fetch around $100 million, which, according to a statement from the auction house, includes
In Abu Dhabi, the meticulously cut stones were displayed alongside opulent jewelry, including a necklace set with white diamonds featuring a pear-shaped brown diamond pendant weighing 100.26 carats. For Quig Bruning, the Gulf countries are
With their rich natural resources, low taxes, and Dubai’s hub for commerce and tourism at the crossroads of Europe and Asia, they attract the wealthiest individuals and the ultra-rich.