A dazzling 10-carat blue diamond, known as the "Mediterranean Blue Diamond," is set to captivate bidders at an upcoming auction hosted by Sotheby's in Geneva. Mined in South Africa, this rare cushion-shaped gem boasts a vivid blue hue that sets it apart as a true masterpiece of nature. Sotheby's spokesperson, Jessica Wyndham, expressed confidence in the strong market demand for colored diamonds, anticipating a selling price around $20 million for this exceptional piece.
The allure of colored gemstones continues to soar, with collectors and investors showing keen interest in acquiring such unique treasures. In 2016, a vivid blue diamond commanded a staggering 56.8 million Swiss francs at a Christie's auction in Geneva, highlighting the enduring appeal and value of these rare jewels. Sotheby's latest high jewelry collection, featuring an array of colored gemstones alongside the magnificent Mediterranean Blue Diamond, was unveiled to journalists in Geneva, providing a glimpse of the luxurious offerings that will grace the live auction at the prestigious Mandarin Oriental Hotel on May 13.