BR100 Increased By (0.84%)
BR30 Increased By (0.71%)
KSE100 Increased By (0.68%)
KSE30 Increased By (0.7%)
AGHA 7.76 Increased By ▲ 0.01 (0.13%)
BECO 5.20 Increased By ▲ 0.01 (0.19%)
BML 57.60 Decreased By ▼ -1.06 (-1.81%)
BOP 34.28 Increased By ▲ 0.59 (1.75%)
CNERGY 10.95 Increased By ▲ 0.34 (3.2%)
CSIL 5.48 Increased By ▲ 0.18 (3.4%)
FCCL 54.51 Increased By ▲ 0.77 (1.43%)
FFL 16.66 Increased By ▲ 0.20 (1.22%)
FNEL 1.24 Increased By ▲ 0.02 (1.64%)
KEL 7.39 Increased By ▲ 0.11 (1.51%)
KOSM 5.79 Increased By ▲ 0.15 (2.66%)
LOTCHEM 29.83 Increased By ▲ 0.18 (0.61%)
MLCF 95.90 Decreased By ▼ -0.46 (-0.48%)
NBP 204.99 Increased By ▲ 1.46 (0.72%)
NCPL 57.89 Increased By ▲ 1.04 (1.83%)
NPL 69.70 Increased By ▲ 2.39 (3.55%)
OGDC 318.50 Increased By ▲ 0.28 (0.09%)
PACE 10.90 Increased By ▲ 0.27 (2.54%)
PAEL 43.00 Increased By ▲ 1.23 (2.94%)
PIBTL 16.90 Increased By ▲ 0.09 (0.54%)
PPL 221.50 Increased By ▲ 1.33 (0.6%)
PRL 52.30 Increased By ▲ 3.25 (6.63%)
PTC 71.30 Increased By ▲ 1.29 (1.84%)
SSGC 29.35 Increased By ▲ 0.21 (0.72%)
TBL 9.90 Increased By ▲ 0.13 (1.33%)
TELE 8.93 Increased By ▲ 0.11 (1.25%)
TPL 17.85 Increased By ▲ 0.68 (3.96%)
TPLP 12.92 Increased By ▲ 0.41 (3.28%)
TREET 22.83 Increased By ▲ 0.24 (1.06%)
TRG 59.95 Decreased By ▼ -0.27 (-0.45%)
Life & Style

‘Mellon Blue’ diamond ring sells for $25 million in Geneva auction

  • The internally flawless pear-shaped diamond mounted at the tip of a swirling ring design is named the "Mellon Blue," after its former owner who had it set as a pendant
Published Updated
Photo: Reuters
Photo: Reuters
By

GENEVA: A vivid blue diamond weighing 9.51 carats and previously belonging to Rachel “Bunny” Mellon, the aristocratic philanthropist and a close friend of Jacqueline Kennedy, sold in Geneva for $25 million, Christie’s auction house said on Tuesday.

The internally flawless pear-shaped diamond mounted at the tip of a swirling ring design is named the “Mellon Blue,” after its former owner who had it set as a pendant. It sold for $32.6 million in 2014, the year Mellon died at the age of 103.

That was the highest price at the time ever paid for a coloured diamond at auction, Christie’s said. But the world record for a blue diamond is the “Oppenheimer Blue,” which sold for over $57 million in Geneva in 2016.

$20mn blue diamond goes on show in Abu Dhabi

Mellon, an avid, self-taught horticulturalist, came from a wealthy background and married into the Mellon banking family.

One of her legacies was a redesign of the White House Rose Garden during the Kennedy administration, which U.S. President Donald Trump again renovated this year.

Comments

Comments are closed for this article.