【Abu Dhabi, U】Sotheby’s Exhibits Rare Blue Diamond Valued at $20 Million in Abu Dhabi

A dazzling blue diamond was presented at a luxurious Sotheby’s exhibition in Abu Dhabi, part of a collection of eight exceptional diamonds totaling over 700 carats. The gem is one of the most important precious stones ever discovered due to its purity, color, and rarity.
The rare blue diamond on display at the Sotheby’s exhibition has captured worldwide attention for its beauty. Named “The Mediterranean Blue,” this jewel possesses a Fancy Vivid Blue color, one of the most desired and difficult-to-find classifications in nature.
Weighing 10.03 carats, this gem is extremely unusual. It is estimated that less than 0.5 percent of natural diamonds exhibit such intense blue hues. Furthermore, this category of rare precious stones is highly coveted in the international luxury market.
Its provenance also adds to its historical value. It was extracted in 2023 from the Cullinan mine in South Africa, famous for producing the finest blue diamonds. The original stone weighed 31.94 carats, and after months of cutting and polishing, it revealed a brilliant emerald-cut shape.

Thanks to these unique characteristics, this blue diamond stands as one of the most significant ever discovered. Undoubtedly, its combination of origin, hue, and purity makes it a gem that sets standards in the world of high jewelry.

The Abu Dhabi exhibition was the ideal stage to present this jewel to the world before its official sale. The auction house Sotheby’s announced that the diamond could reach a figure close to $20 million during the upcoming auction.
The auction of this rare blue diamond is scheduled for May 13 in Geneva, where buyers from around the world will compete to acquire it. Its value is justified by the scarcity of similar gems in the global market and its certification of excellence.
Prior to the event, the piece will tour cities such as Taipei, Hong Kong, and New York as part of a promotional tour. This strategy aims to increase interest in the jewel and highlight its presence at the Abu Dhabi exhibition, one of Sotheby’s most exclusive.

This is not the only gem Sotheby’s has presented to the world. One of the most emblematic examples is the black “Enigma” diamond, weighing 555.55 carats, cut with 55 facets, and registered as the largest of its kind in the world.

Another notable example in Sotheby’s diamond auctions is “The Key 10138,” a colorless pear-shaped diamond weighing 101.38 carats. This jewel became the first in the auction house’s history to accept cryptocurrencies as a form of payment.

These pieces have redefined value in jewelry. Whether for their history, size, color, or shape, each is a testament to Sotheby’s commitment to excellence and exclusivity.