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why is shanti spintex limited (544059) rising ✌️【Yield Increase】✌️ Precise predictions of market trends with real-time stock indices and futures data to help you make wise investment decisions. Named “The De Beers Cullinan Blue,” it is the biggest vividblue diamondto be put up for auction, according to a press release from Sotheby’s Wednesday.

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Describing the diamond as “exceptionally rare,” Sotheby’s added that only five gems over 10 carats have ever appeared at auction. None have ever been over 15 carats, “making the appearance of this flawless gem a landmark event in itself.”

why is shanti spintex limited (544059) rising ✌️【Yield Increase】✌️ Get accurate stock forecasts and market predictions from top financial advisors. With real-time updates on stock indices, exchange rates, and futures data, you'll be equipped to make profitable decisions and grow your capital steadily. The rare diamond was found in the Cullinan mine, South Africa, in 2021, and has attained the highest rankings, according to the standards that colored diamonds are judged by.

It was categorized as “fancy vivid blue” by the GIA – the highest possible color grading, which has been awarded to no more than 1% of blue diamonds submitted to the organization.

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“Blue diamonds of any kind are rare on the market, but this is the rarest of the rare; nothing of remotely similar calibre has appeared at auction in recent years,” Patti Wong, chairman of Sotheby’s Asia, said in the press statement.

“Hundreds of millions of years in the making, this extraordinary blue diamond is surely one of nature’s finest creations. Now brought to dazzling life by the hand of one of the world’s most skillful cutters, it is the ultimate masterpiece – as rare and desirable as the very greatest works of art.

“At a time of unprecedented demand for the finest, world-class, coloured diamonds, we are incredibly excited to bring to the market what is sure to become one of the most celebrated gems in the world.”

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why is shanti spintex limited (544059) rising ✌️【Yield Increase】✌️ Free access to real-time stock market data analysis, global market trends, and expert predictions. Capture emerging opportunities and grow your portfolio steadily, with insights into metals, energy, and agricultural products. The “Blue Moon of Josephine” is a 12.03 carat blue diamond that sold for $48.4 million in 2015. It still holds the auction record for the price-per-carat of any diamond or gemstone, the press statement said.

Other recent discoveries include“The Sakura,”a 15.81-carat purple-pink diamond that sold for $29.3 million at Christie’s in May last year.

“The De Beers Cullinan Blue” is scheduled to go up for auction in a standalone event at Sotheby’s Hong Kong Luxury Week in late April.

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