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Flawless 13.22-carat blue diamond sells for $29m at auction

Published on May 15, 2014 10:09 AM
This photo taken on April 29, 2014, shows a Christie's auction house employee holding "The Blue", the largest flawless vivid blue diamond in the world, during a photocall at the auction house in London. The world's largest blue diamond known as "The Blue" was sold at a Christie's auction for 23,895 million dollars in Geneva on May 14, 2014. -- FILE PHOTO: AFP

GENEVA (AFP) - A spectacular blue diamond, the largest in its category, fetched a total of US$23.79 million (S$29.7 4 million) at a Christie's auction in Geneva on Wednesday.

The sale of the 13.22 carat rock, known simply as "The Blue", came a day after Sotheby's sold a 100-carat flawless yellow diamond for US$16.3 million - with both sales including commission.

When the world's largest orange diamond went under the hammer last November at Christie's in Geneva, it raked in US$35.5 million.

Such marquee sales underline the growing popularity of coloured diamonds.

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