In a sea of gems, one specific stone has actually been taking the program.
An unusual 10-carat Mediterranean blue diamond from South Africa was on screen in an exhibition including $100 million worth of the world’s rarest diamonds.
The Sotheby’s display showcased 8 diamonds amounting to a weight of over 700 carats in Abu Dhabi, United Arab Emirates (UAE), as The Associated Press (AP) reported.
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Sotheby’s is anticipating to auction off the enormous blue stone for around $20 million in Might.
Likewise on screen were red, yellow, pink and colorless diamonds.
An unusual diamond display in Abu Dhabi, United Arab Emirates, included an unique blue diamond, with the display’s worth amounting to $100 million. ( AP Photo/Altaf Qadri)
Quig Bruning, Sotheby’s head of gems in The United States and Canada, Europe and the Middle East, stated the display’s area was deliberate, as the country is understood for its high interest in diamonds.
The UAE took the title as the world’s biggest trade center for rough diamonds in 2021, according to the Dubai Multi Commodities Centre.
The Mediterranean Blue, as it is understood, is 10 carats and worth around $20 million. ( AP Photo/Altaf Qadri)
” We have terrific optimism about the area,” Bruning stated, according to AP.
He included, “We feel extremely highly that this is the sort of location where you have both traders and collectors of diamonds of this significance and of this rarity.”
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The blue diamond displayed in the display is thought about to be among the most crucial blue diamonds ever found, according to sources.
Blue, red, yellow, pink and colorless diamonds were likewise on screen. ( AP Photo/Altaf Qadri)
Almost $23 billion worth of rough stone was sold 2021.
In 2023, over $38 billion in the worth of trade of rough and sleek diamonds was taped in the UAE.
The Associated Press added to this report.
Source: Fox News.
