Hong Kong billionaire tycoonBlue Moon diamond sells for $48 Million
A Property tycoon paid a total of $77 million at auctions in Geneva for two large and rare coloured diamonds for his daughter, his office said Thursday.
Joseph Lau was the top bidder for the 12.03-carat “Blue Moon” diamond that sold Wednesday night for a record-setting 48.6 million Swiss francs ($64.3 million Cdn), said a spokeswoman for Lau, who declined to give her name.
he buyer renamed that diamond “Sweet Josephine,” Christie’s said.
“Tonight we set a new world record, a new auction record for any diamond, any jewel, any gemstone, with the sale of the Blue Moon Diamond,” said auctioneer David Bennett. He specified the price as $48,468,158. “For me, the blue moon was always the blue diamond of my career. I have never seen a more beautiful stone. The shape, the color, the purity — it’s a magical stone.”
“Yes, the two diamonds are bought by Joseph Lau,” said the spokeswoman, who added that they were named after Lau’s seven-year-old daughter.
The blue diamond, set in a ring, was said to be among the largest known fancy vivid blue diamonds and was the showpiece gem at the Sotheby’s jewelry auction.
Blue diamonds are formed when boron is mixed with carbon when the gem is created.