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Blue Diamond Sells for $25.6 Million at Auction in Switzerland
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Blue Diamond Sells for $25.6 Million at Auction in Switzerland

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1 min read
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The New York Times

A 9.51-carat blue stone that once belonged to the heiress Bunny Mellon sold for $7 million less than at its last auction, a sign of profound shifts in the diamond industry.

A 9.51-carat blue diamond sold for $25.6 million at an auction in Switzerland on Tuesday — a steal compared to what it fetched a decade ago. The teardrop-shaped stone, which previously belonged to Rachel Lambert Mellon, the American heiress and art c... [1760 chars]

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Source: The New York Times

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