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Exceedingly rare 3.50 carat natural fancy blue VS1 diamond brings $1.65+ million at Heritage Auctions
A 3.50 carat natural fancy blue VS1 diamond brought $1,650,500.
NEW YORK, NY.- One the world's rarest colored diamonds, a 3.50 carat natural fancy blue VS1 diamond brought $1,650,500 in Heritage Auctions' April 29 Jewelry Signature® Auction in New York.

Highly sought after for its rare coloration, placing it in the same class that includes the famous Hope Diamond, the diamond is the largest of its kind ever offered by Heritage.

Designed by the famed J.E. Caldwell & Co., the Art Deco ring features a natural fancy blue marquise-shaped diamond enhanced by full, single and baguette-cut diamonds set in platinum. In fact, Caldwell & Co. was so proud of the beauty and craftsmanship of this particular ring that it was used in a 1927 advertisement and described as "a degree of quality, beauty and importance rarely obtainable."

Additional highlights from the April 29 Jewelry Signature® Auction include:

An art deco fancy intense yellow diamond, sapphire, platinum ring by Cartier, realized $266,500.

A fancy intense yellow diamond, diamond, gold ring by Monture Harry Winston, reached $188,500.

A fancy deep yellow diamond, diamond, platinum gold ring by Piranesi sold for $146,500.

A 4.80 carat GIA E VVS2 emerald-cut unmounted diamond realized $128,500.

Today's News

May 1, 2013

Christie's in Geneva to offer one of the largest pear-shaped diamonds known to date

Excavation unearths evidence of Thessaloniki's urban life between 4th and 9th centuries AD

RM Auctions and Sotheby's to showcase automotive artistry at exclusive New York sale

Russia's great museums feud over revival plan of Moscow museum of Western art

Amon Carter Museum of American Art announces acquisition of its first painting by Robert Seldon Duncanson

Survey exhibition of American artist Ellen Gallagher's work opens at Tate Modern

Newly discovered pastoral painting by F. G. Waldmüller leads 19th Century European Art at Christie's

Rediscovered masterpieces to be exhibited in Belfast and Dublin ahead of Sotheby's sale

Sydney's Bondi Beach to receive green makeover hoping to cement status as world-class destination

Illuminating objects: German miniature picture bibles come under the spotlight at the Courtauld Gallery

Städel Museum exhibits newly acquired contemporary works in its garden

First solo museum exhibition of Jeffrey Gibson opens at the Institute of Contemporary Art/Boston

Christie's showcases masterworks of American Modernism in its Spring sale of American Art

New York's MoMA moves to seven-day week

Bridgette Mayer Gallery announces "Above and Below" by photographer Sharon Harper

Scandal '63: The fiftieth anniversary of the Profumo Affair on display at the National Portrait Gallery, London

Sotheby's announces an extraordinary auction of 50 contemporary first edition books

1960 Gibson Les Paul Sunburst guitar brings $134,500 to lead $1.13+ million Heritage Auctions' event

Exceedingly rare 3.50 carat natural fancy blue VS1 diamond brings $1.65+ million at Heritage Auctions

Huge two-day multi-estate auction featuring over 1,650 lots to be held by Crescent City Auction Gallery

Most Popular Last Seven Days

1.- British archaeologist Nicholas Reeves aims to pinpoint legendary Queen Nefertiti's tomb

2.- Exhibition at the Victoria & Albert Museum explores the world of Indian textiles and fashion

3.- Rare Byzantine mosaic that depicts ancient streets and buildings in Egypt restored

4.- Sopranos actor/art collector Federico Castelluccio to pen book on Guercino discovery

5.- Exhibition at the McNay Art Museum presents more than 50 works created by Joan Miró

6.- Major monographic exhibition of works by Tamara de Lempicka on view in Verona

7.- Virginia Museum of Fine Arts acquires painting commissioned by King George III

8.- Tang Museum at Skidmore College receives 500 photographs from Jack Shear

9.- The Rijksmuseum and the Louvre to jointly buy rare Rembrandts for 160 mn euros

10.- Rail life: History of trains brought to life in a state-of-the art museum in Brussels

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