Luxist New

Overall, the jewelry market has seen signs of weakness lately but the tip of the market is still strong. The blue diamond shown above is a 13.39 carat stunner which sold for a world record price of $8.9 million at a sale at Christie's in Geneva last Wednesday. Blue diamonds of this size are rather rare. The stone is a type IIb diamond. Type IIb diamonds are prized by jewelry lovers and collectors and contain small amounts of boron which gives them their color. They also have the property of being semi-conductors that conduct electricity. The auction brought in nearly $48.3 million total. 14 May 2008 THE GENEVA SALE - EVENING GLAMOUR* CHF9,233,000($8,785,366) Set with a rectangular-cut fancy intense blue diamond weighing 13.39 carats, to the micro pavé-set fancy pink diamond surround and diamond bifurcated hoop, mounted in platinum and 18k white gold, ring size 6