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Jewellery World – Gold, Gemstone & Diamond Blog

The Most Expensive Diamond Ring – A New Record Breaker

largestbluediamondring An oblong blue diamond set in a platinum ring weighing 7.03 carats was sold at Sotheby’s on Tuesday for a staggering £6.2 million, which is the highest price ever paid for a diamond. The previous record breaker was a blue diamond ring weighing 6.04 carats which sold for £5.2 million in Hong Kong in 2007. This incredible ring clears the previous record by a cool million pounds an impressive jump even if we weren’t in the midst of a recession.

The blue diamond ring was purchased by an anonymous bidder who will have the honour of naming this show-stopping diamond. This diamond ring is unusual in that round diamonds typically fetch the highest prices, but it seems oblong diamonds are once again becoming popular. They actually make a wonderful choice, not only for record breakers but for engagement rings too not only do they make the stone look larger, they make a stylish alternative to a traditional round diamond ring perfect for standing out.

Oblong diamond rings have been spotted on quite a few famous ladies, so I’ll be taking a look at my favourites later today plus a few recommendations for getting the record breaker look for yourself.

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