In the world of precious gemstones there is nothing quite like watching the fine Gemstones auctions of Sothebys and Christies. Over the years they have sold some incredibly rare and beautiful gemstones to the rich and famous. This article is going to be a living document that we will update over time. It will track the biggest sales, the world records and the excitement of what goes on in these auctions.
There are two main figures that people get excited about with gemstones. That is the total sale price and the price per carat. Some gemstone like Red Diamonds are incredibly rare and relatively small but they demand a huge price per carat. Other gemstones like Sapphire can be huge and sell for massive prices.
Ladies an gentlemen - introducing the new world record breaker. The Oppenheimer Blue Diamond. This magnificent Jewel sold at the Chrisites auction held in Geneva Switzerland for an incredible $57.5 Million. The previous record, held by the Blue Moon Diamond was $48.5 million. The Blue moon Diamond does however still retain it’s record of being the highest per carat price of any gemstone ever sold.
It was a mixed result for the Soethbys Auction with the Unique Pink Diamond selling for a record price. However the other star of the auction, the “Emperor Ruby” was left without a new home after it didn’t achieve a high enough bid to reach the reserve.
The Unique Pink is a stunning 15.38cts fancy vivid Pink Diamond who sold for $31.6 million to a private collector in Asia.
Gemstones are undoubtedly the most concentrated form of wealth. Think about the current world record for price per carat. It is held by the Blue Moon Diamond coming in at $4 million per carat. For every gram of blue Diamond there is $20 million in wealth. It is portable and small enough to be hidden. Gemstones really are an incredible vessel for wealth.
The most expensive gemstones in the world and the ones that are most often traded are Diamonds, Sapphire and Rubies. Until recently the magic $1 million per carat mark was only achieved by colored Diamonds. With the sale of the Sunrise Ruby the beautiful red gemstone has joined the exclusive club.
Total Price Comparison
When these gemstones sell they are the most concentrated forms of wealth on the planet. The Pink Star Diamond is worth a whopping $83 million however it must be remembered that this Diamond was never paid for. It remains in our records as a reminder of what someone was willing to pay for a gemstone.
The Best of The Best
These gemstones are not your typical stone that you would find in your local Jewelry store. To give you an idea the red Diamond is so rare that only a handful exist. Blue Diamonds are also rare but they do come in larger sizes which means buyers get both rarity and size.
The Rubies such as the Sunrise Ruby are becoming more and more valuable. With the rise of China as a superpower the demand for red colored gemstones has sharply increased. Lets take a closer look at some of the stars.
Blue Moon Diamond
Oppenheimer Blue Diamond
DeBeers Millenium Jewel 4
The Unique Pink
Pink Star Diamond
The Orange Diamond
The Moussaieff Red Diamond
Jewel Of Kashmir
Shop For Your Own Treasure
Was this article helpful?4 people found this article helpful