Editor’s Note
The recent $26.6 million sale of the ‘Mellon Blue’ diamond in Geneva is more than a headline; it’s a testament to the unwavering demand and prestige within the world’s most exclusive markets. This record-breaking transaction highlights the unique value placed on rarity and beauty, serving as a powerful indicator of confidence in high-end collectibles.
The ‘Mellon Blue’ diamond, a rare and exceptional gemstone, was sold for a staggering $26.6 million at a prestigious auction in Geneva. The sale underscores the enduring strength and allure of the high-end colored diamond market.
The diamond, named for its previous owner, is renowned for its intense blue hue and exceptional clarity. Weighing over 10 carats, it is considered one of the finest blue diamonds to appear at auction in recent years.
The successful sale at Christie’s (or Sotheby’s, implied by context) highlights robust demand among top-tier collectors for rare and historically significant jewels. An auction house spokesperson commented on the result:
The identity of the buyer was not disclosed.