Blue Diamond Set for Auction in New York City
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Blue Diamond Set for Auction in New York City

Blue Diamond Set for Auction in New York City
Jewelry lovers are going to have a ball. For the second time this month, a rare diamond is going up for auction. The world’s biggest round blue diamond went up at auction in Hong Kong, and now auctioneers have just announced that a beautiful Grayish-Blue diamond will also be presented at Joseph DuMouchelle’s auction this coming week… in New York City. The diamond is expected to wow audiences around the world. The .84 carat weight is a Marquis cut, decorated with no less than 50 small white diamonds. The total carat weight is estimated to be at 1.10 carats. More historical information on the diamond is provided by Melinda Adducci, DuMouchelle’s resident gemologist. According to Adducci, “the setting reflects a transition period between the Edwardian era and the Art Deco period. Although the setting dates to this period, the center stone probably had a life before it reached this ring. The bottom helix is open, indicative of an earlier gem cutting style than the Edwardian period.” Where does this unique gem come from? According to the latest findings, the diamond can be dated to the turn of the last century. A New York woman reportedly accepted the diamond as a gift from one of her lovers. As she never married, the gem in question was transferred to her niece, who resided in Michigan. Believe it or not, but since the stone is grayish-blue instead of the traiditonal “Hope Diamond Deep” hue of blue, the niece never knew what kind of stone was in her possession. Having worn the piece for nearly five decades, the new owner was pleasantly surprised when a professional jeweler informed her of the value of her diamond. Natural Blue Diamonds are considered one of the rarest sorts of stones. The blueish colour is created from trace amounts of boron located inside the stone, replacing carbon atoms. Although most of the world’s Blue Diamonds are mined in South Africa, the Hope Diamond is traditionally and historically linked to India. The ring in question is supposed to be sold at between $50, 000 and $75, 000. Joseph DuMouchelle’s auction will present a number of vintage timepieces along with the diamond. The lots comprise of gorgeous collections from Michigan, Pennsylvania, New Jersey and Arizona estates. In addition to the ring, more than 340 lots of signed jewelry from important brands such as Buccellati, Cartier, Raymond Ward, Kwiat, Tiffany, Judith Ripka, Marco Bicego, David Yurman and Doris Panos are expected. Joseph DuMouchelle has been acclaimed in the auctioneering world for 35 years. A third generation auctioneer, DuMouchelle has surpassed himself in the appraisal of gems, jewelry, fine art and antiques. DuMouchelle insists on handling every sale, having obtained his A.S.A. and I.S.A. training. Previous auctions include the Donald Trump/Marla Maples Diamond, not to mention gems from the estates of Harley Earle and Nat King Cole. The New York Preview will take place on October 28 and 29 from 11 a.m. to 5 p.m. at the Waldorf Astoria Hotel. The auction itself will take place on Wednesday, October 30.
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