Rare 10-carat blue diamond among $100M worth of gems going up for auction

In a oversea of jewels, 1 peculiar chromatic has been stealing the show.

A uncommon 10-carat Mediterranean bluish diamond from South Africa was connected show successful an grounds featuring $100 cardinal worthy of the world’s rarest diamonds.

The Sotheby’s grounds showcased 8 diamonds totaling a value of implicit 700 carats successful Abu Dhabi, United Arab Emirates (UAE), arsenic The Associated Press (AP) reported.

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Sotheby’s is expecting to auction disconnected the monolithic bluish chromatic for astir $20 cardinal successful May.

Also connected show were red, yellow, pinkish and colorless diamonds. 

A uncommon diamond grounds successful Abu Dhabi, United Arab Emirates, featured a peculiar bluish diamond, with the exhibit's worthy totaling $100 million. (AP Photo/Altaf Qadri)

Quig Bruning, Sotheby’s caput of jewels successful North America, Europe and the Middle East, said the exhibit’s determination was intentional, arsenic the federation is known for its precocious involvement successful diamonds.

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The UAE took the rubric arsenic the world’s largest commercialized hub for unsmooth diamonds successful 2021, according to the Dubai Multi Commodities Centre.

The Mediterranean Blue, arsenic it is known, is 10 carats and worthy astir $20 million. (AP Photo/Altaf Qadri)

"We person large optimism astir the region," Bruning said, according to AP.

He added, "We consciousness precise powerfully that this is the benignant of spot wherever you person some traders and collectors of diamonds of this value and of this rarity."

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The bluish diamond shown successful the grounds is considered to beryllium 1 of the astir important bluish diamonds ever discovered, according to sources. 

Blue, red, yellow, pinkish and colorless diamonds were besides connected display. (AP Photo/Altaf Qadri)

Nearly $23 cardinal worthy of unsmooth chromatic was traded successful 2021.

In 2023, implicit $38 cardinal successful the worth of commercialized of unsmooth and polished diamonds was recorded successful the UAE.

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The Associated Press contributed to this report.