{"id":581186,"date":"2022-04-27T15:15:43","date_gmt":"2022-04-27T13:15:43","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=581186"},"modified":"2022-04-27T15:15:43","modified_gmt":"2022-04-27T13:15:43","slug":"south-african-cullinan-blue-diamond-sold-for-r911-million","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/wealth\/581186\/south-african-cullinan-blue-diamond-sold-for-r911-million\/","title":{"rendered":"South African Cullinan blue diamond sold for R911 million"},"content":{"rendered":"<p>The De Beers\u2019 Cullinan blue diamond has been\u00a0<a href=\"https:\/\/www.sothebys.com\/en\/buy\/auction\/2022\/the-de-beers-cullinan-blue\/a-magnificent-and-spectacular-fancy-vivid-blue\" target=\"_blank\" rel=\"noopener noreferrer\">auctioned<\/a> for HK$450.9 million (R911 million) at Sotheby\u2019s in Hong Kong.<\/p>\n<p>The 15.1 carat, fancy vivid blue diamond was sold Wednesday evening to an unnamed buyer. The step-cut gem, recovered from the\u00a0Cullinan mine\u00a0in South Africa, is the largest vivid blue diamond ever to appear at an auction. Bidders had pushed the price to HK$390 million, while auction premiums added the rest.<\/p>\n<p>Records have been broken repeatedly in recent years for fancy coloured diamonds, which are rarer than colourless ones. Coloured diamonds come in many hues, but pink and blue are the most coveted. Blue diamonds are among the rarest and are found at levels four times deeper than most diamonds, according to the Gemological Institute of America.<\/p>\n<p>In 2016,\u00a0Christie\u2019s\u00a0in Geneva sold the Oppenheimer Blue for CHF56.8 million ($59 million). Sotheby\u2019s sold a blue diamond for more than $4 million a carat in Geneva in 2015.<\/p>\n<p><a  data-lightbox=\"post-image\" href=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2022\/04\/Diamond-2.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-581190 aligncenter\" src=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2022\/04\/Diamond-2.jpg\" alt=\"\" width=\"800\" height=\"1009\" srcset=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2022\/04\/Diamond-2.jpg 800w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2022\/04\/Diamond-2-238x300.jpg 238w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2022\/04\/Diamond-2-768x969.jpg 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/a><\/p>\n<hr \/>\n<p><strong>Read: <a href=\"https:\/\/businesstech.co.za\/news\/wealth\/580656\/these-are-the-richest-suburbs-in-south-africa-2\/\" target=\"_blank\" rel=\"noopener\">These are the richest suburbs in South Africa<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The De Beers\u2019 Cullinan blue diamond has been\u00a0auctioned for HK$450.9 million (R911 million) at Sotheby\u2019s in Hong Kong.<\/p>\n","protected":false},"author":59,"featured_media":581188,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9880],"tags":[26],"class_list":["post-581186","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-wealth","tag-headline"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/581186","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/59"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=581186"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/581186\/revisions"}],"predecessor-version":[{"id":581192,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/581186\/revisions\/581192"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/581188"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=581186"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=581186"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=581186"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}