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  • Update: Rare Petra Blue Diamond Sells For a World Record $9.5 Million

    by Kyle O.
    May 13, 2009
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    The rare 7.o3 ct blue Petra diamond  sold for a world record price of $9.5 million at Sotheby’s auction in Geneva, Switzerland  on May 12th. Sotheby’s claims that this is the highest amount per carat that a gemstone has ever sold for at any auction . The  bidding went back and forth between two anonymous bidders until finally a winner was announced. The unknown buyer now has the authority to give the blue diamond a name. For more information on the rare blue diamond check out the post we did on it last month here. Wow…What do you do with a rare diamond? Do you wear it or hide it?

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    Check out the video below featuring the rare blue diamond at the Geneva auction below

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