Historic Farnese Blue diamond sold at Geneva auction for £5m

Credit: City A.M.- Published on May 16, 2018
The historic Farnese Blue diamond, which has been passed down through European royal families for the last three centuries, was put up for auction on Tuesday in Geneva and fetched $6.7m (£5m).

Auction house Sotheby's, who auctioned off the item at its Geneva branch, predicted that the diamond would go for between £2.7m and...

Credit: Wibbitz Studio
Published on May 17, 2018 -  00:54
Farnese Blue Diamond Sells for $6.7 Million
Farnese Blue Diamond Sells for $6.7 Million One of the most famous diamonds in Europe was sold in Geneva on Tuesday. The “Farnese Blue” is a blue diamond, one of the rarest gems in the world, and is 6.16 carats. It gets its name from Elizabeth Farnese, the second wife of King Philip V of Spain, who got it as a wedding gift in 1715. The diamond traveled all over the world leading up to the sale at Sotheby’s Geneva on Tuesday, stopping in New York, London, Singapore and more. The $6.7 million price tag exceeded the pre-sale estimates by almost $2 million.

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Credit: GOBankingRates - Published on May 17, 2018 

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