10.02-Carat Fancy Intense Blue Diamond Fetches $8.7 Million At Sotheby’s
A 10.02-carat fancy intense blue diamond sold for $8.7 million at a Sotheby's auction in New York, leading a sale that totaled $43.4 million. The auction results indicate a strong market demand for rare colored gemstones and high-end jewelry.
Why it matters
The high prices achieved at this auction reflect the resilience of the luxury goods market and the status of rare gemstones as significant investment assets.
Watches & Jewelry 10.02-Carat Fancy Intense Blue Diamond Fetches $8.7 Million At Sotheby’s By Anthony DeMarco ,
The article provides factual reporting on auction results and market trends without bias.
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