A 12.11-carat fancy intense blue diamond sold for $15.9 million (HK$122 million) at Christie’s Hong Kong Magnificent Jewels auction. The internally flawless marquise-shaped, brilliant-cut gem was sold during a long, drawn-out bidding process that was gradually narrowed down to two phone bidders, as seen through the auction house’s live stream. It blew past its $12.3 million high estimate with a “hammer price” of $13.6 million (HK$106 million), which doesn’t include the buyer’s premium.
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