Sotheby´s unveils rare blue diamond

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Source: CCTV.com | 05-09-2009 12:28

Sotheby's has unveiled a 7.03 carat vivid blue diamond, the rarest to enter the international market this year.

The blue diamond will come up for sale as the centerpiece of a jewellery auction in Geneva on May 12.

A Sotheby's employee displays a rare vivid blue diamond ring weighing 7.03 carats, during a preview at Sotheby's in Geneva, Switzerland, Wednesday, May 6, 2009. (AP Photo/Keystone, Martial Trezzini)

It is one of only a handful in existence in the world and one of the rarest ever auctioned by Sotheby's.

Its sellers estimate it is worth between 5.8 to 8.5-million US Dollars. If it sells for its top value it would break the world record price per carat for any gemstone at auction.