Atlanta, GA 5/17/2008 3:56:49 AM
News / World

3.7 Carat Blue Diamond Becomes Priciest Gem Ever Sold at Auction

An oval blue diamond became the priciest gem ever to be sold at auction Thursday night after it fetched an amazing $1.33 million per carat at a Sotheby’s auction in Geneva.

 

The3.7-carat diamond ring sold for about $5 million to London jeweler Laurence Graff, known as the “King of Diamonds.”

 

Thursday’s auction at Geneva’s Beau Rivage hotel fetched a total of $57.1 million and included a collection of jewels belonging to the widow of Globo-media mogul Roberto Marinho.

 

 

For more World News, please go to

http://www.transworldnews.com/NewsList.aspx?cat=11&wcat=1