Blue Moon of Josephine

The Blue Moon of Josephine is a 12.03 carats (2.406 g) blue diamond, described as flawless by experts, that was discovered in South Africa in January 2014 and was sold at a Sotheby's auction in Geneva in November 2015 at a record-setting price of $48.4 million (43.2 million Swiss francs plus fees).[1] The diamond is the largest cushion-shaped blue stone classified as "fancy vivid" ever to appear at auction.[2]

Blue Moon of Josephine
Weight12.03 carats (2.406 g)
ColorFancy Vivid Blue
CutCushion-Shaped
OwnerJoseph Lau
Estimated valueUS $48.4 million

The "Blue Moon" sale, according to David Bennett, the head of Sotheby's international jewellery division, set a record for the highest-ever price per carat and it made the diamond both the most expensive jewel ever sold at auction and the world's most expensive diamond, regardless of color.[1][2]

The diamond was bought by the Hong Kong billionaire, and fugitive convicted felon, Joseph Lau Luen-hung, who named it for his seven-year-old daughter, Josephine. On the day before the "Blue Moon" sale, Lau had purchased a 16.08 carats (3.216 g) pink diamond at a Christie's auction for $28.5 million, a record price for a jewel of its kind, and renamed it the "Sweet Josephine" diamond.[3] In 2009, Lau bought another blue diamond for $9.5 million that he renamed the "Star of Josephine".[2] The seller was Ehud Arye Laniado, a diamond trader.[4]

The diamond exhibits red phosphorescence when observed under ultraviolet light.[5]

See also

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Further reading

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  • Eloïse Gaillou, Jeffrey E. Post, Keal S. Byrne, and James E. Butler (2014) STUDY OF THE BLUE MOON DIAMOND, pp.  280-286 (PDF pp.  33-39). Gemological Institute of America, USA, Vol. 50, No. 4 (Winter 2014)

References

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