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Record price for blue diamond

October 08, 2007

A vivid blue diamond sets a new record per-carat price in an auction in Hong Kong. The ring contains the largest and rarest vivid blue diamond on offer since Sotheby's Hong Kong auction in 2004, when a similar piece sold for US$4.2 million. The last record set for a gemstone of the ring's carat size was 20 years ago, according to the auction house.