A 6.5 carat diamond is sold at triple estimated value

9th December 2007, Comments 0 comments

An international company specialised in buying precious stones placed the winning bid by telephone

   REIMS, France, Dec 8, 2007 (AFP) - A 6.5-carat blue diamond went for 2.43 million euros (3.56 million dollars), more than three times its estimated
value at auction in France on Saturday, the auction house said in a statement.
   An international company specialised in buying precious stones placed the
winning bid by telephone, according to the Guizzetti-Collet auction house.
   The precious stone had been appraised at between 500,000 and 700,000 euros.
   The "blue intense homogenous"-coloured diamond, with "extraordinary"
coloration, came from a ring "bought in 1962 by the owners of a champagne
house, on the occasion of promoting a special vintage," the auction house said in a statement.
   Other than the company that bought the diamond, whose name was not
released, 15 bidders in Hong Kong, Italy, Switzerland and the United States
vied for the precious stone via telephone and in the auction house.
AFP

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