Cora International LLC announced that an exceptional 12.03-carat Blue Moon Diamond was sold for $48.5 million. The rare, unique, fancy vivid blue moon diamond was sold after a highly competitive sales auction at Sotheby's Geneva.
For five months our experts assessed the stone. Thirty models were created, and each cut differently until the perfect result was achieved,” says Cora. “Afterwards, it took us three more months to bring the stone to its final spectacular shape using advanced technology and sophisticated tools. Jewelers have a chance to handle such a unique diamond once in a life time, perhaps, and we are delighted that Cora had the opportunity to have this experience."
The Blue Moon Diamond was discovered in January 2014 at the historic Cullinan mine in South Africa. Obtained by Petra diamonds LTD as a 29.62 carat rough diamond, the stone was purchased by Cora International LLC in February 2014 for $25,555,555 in a competitive bid.
Blue diamonds are among the rarest and most highly coveted of all diamonds. The stone is one of the most exceptional to be found at the Cullinan mine, which is considered the most important source of blue diamonds in the world.
