Adaro eyes $291 million from unit IPO to spin off coal arm
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The “De Beers Millennium Jewel 4” may not have the catchiest name in the history of famous diamonds, but the very rare 10.10-carat blue gem has just broke all auction records in Asia, as it fetched almost $32 million.
The rock, the largest oval fancy vivid blue diamond to ever appear at auction, was auctioned off by Sotheby’s in Hong Kong as part of a high profile gem sale.
The internally flawless diamond was part of the Millennium Jewels collection, unveiled by De Beers in 2000 to commemorate the turn of the century, and displayed at London’s Millennium Dome.
At the time, the blue gem was the target of an attempted multi-million pound robbery in November 2000, which was foiled by the Metropolitan Police.
The auction house will sell another coveted blue diamond, set in a ring once owned by former child star Shirley Temple, on April 19, in the U.S.
All images courtesy of Sotheby’s.
