GENEVA (AP) 鈥 The largest fancy vivid blue diamond to ever come to auction sold Tuesday for more than $44 million, far outstripping the pre-sale estimate, Christie's said.
The 鈥淏leu Royal鈥 鈥 a ring featuring a fancy vivid blue pear-shaped diamond of 17.61 carats 鈥 was one of the standout pieces to go under the hammer at the auction house for Geneva鈥檚 Luxury Week.
Christie鈥檚 had estimated the ring would fetch around $35 million.
The auction house said the sale made the 鈥淏leu Royal鈥 the most expensive jewel sold at auction this year.
Christie's said the gemstone would be handed over to another private collection for the first time in 40 years.
The Associated Press