Thursday, May 16, 2013

Rare Diamond with a rare price

In the article, it was stating some facts about the Hope Diamond, which is the biggest, most famous diamond out there. The Hope Diamond is 45.52 carats, a deep deep blue, and was once own by King Louis XIV . It now sits in the Smithsonian Institution's Museum of Natural History, in Washington D.C.





The ring was first cut into a Trombino ring in 1965 by the Italian jewelry designer Bulgari.
That is a whole lot of money. Only a jewelry company could afford that, of course.




A rare blue diamond that weighed 5.30 carats went up for sale last Wednesday. The winning bid was 9.6 million to a diamond business, Graff Diamonds. The sale was held in London, by a jewelry company, Bonhams Fine Jewelry. The are very happy with the sale. The ring was expected to go for about $1.6 million; instead it went for close to $9.6 million, or $1.8 million per carat. That is a lot of money. The old record was $1.68 per carat.




http://shine.yahoo.com/fashion/rare-blue-diamond-fetches-record-price-163323202.html

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