Petra Diamonds is looking for a buyer for a high-quality blue diamond weighing 39.34 carats recovered from its Cullinan mine in South Africa.
The blue diamond is a very rare and unusual stone. No more than 1-2 stones of this color are found per year. The price of “heavenly” diamonds is quite justified due to their uniqueness, because in nature they are very rare. Jewelry collectors pay multi-million dollar amounts to own this beautiful, exclusive gem.
The Type IIb diamond was found in April. It is of exceptional quality, the company says, both in colour and clarity.
The blue rough may fetch up to US$50 million, National Jeweler reports. Viewings of the diamond will take place into July, including a stop in New York from July 7 to 9.
Cullinan has produced many notable finds in recent years, including:
- ‘Cullinan Heritage,’ a 507-carat rough white diamond, which sold for US$35.3 million in 2010; ‘Blue Moon of Josephine,’ a 29-carat rough blue diamond, which sold for US$25.6 million in 2014; ‘Cullinan Dream,’ a 122-carat rough blue diamond, which sold for US$25.3 million in 2016; ‘Legacy of the Cullinan Diamond Mine, a 424-carat rough white diamond, which sold for just under US$15 million in May 2019; a 20.08-carat Type IIb blue diamond, which sold for US$14.9 million (or $741,000 per carat) in November 2019; the ‘Letlapa Tala Collection’ of five blue diamonds (85.6 ctw), which sold as a suite of stones for US$40.36 million in November 2020; and an exceptional 299.3-carat Type IIa white gem quality diamond, which was recovered at the mine in January 2021 and sold for US$12.18 million last month.
Blue diamonds are a rare gemstone. That is why various mystical stories and stories are constantly circulating around them. It is believed that these stones are valued not for their beauty and rarity, but precisely for the mystical history of their origin and existence.