Blue Moon Diamond

This historic blue moon diamond was found at the South Africa Cullinan mine where 65% of the world’s diamond production is sourced. It was cut down from 30 carats to 12 by Cora International., where the company paid $25.6 million for the uncut 30 carat gemstone in February.

Colored diamonds have become a recent trend as of late, and are the world’s most expensive stones. The strong trend is shown with recent sales of rare gemstones such as a 14.82 carat orange diamond that was sold at Christie’s International in Geneva (November) $36 million, and the Pink Dream, a 59.6 carat pink stone that was sold by Sotheby’s for $83 million. Colored gemstones have no price index for them, partially due to their rarity on the market.

The historic diamond may also provide pivotal clues about the forces deep inside the earth when the gemstone was formed at least a billion years ago. The blue hue is due to boron traces that were lodged inside the diamond as it formed roughly 100 miles underground.

Although in comparison to other hefty blue diamonds, the Blue Moon cannot match their weight. However, the beauty of the gemstone shines brillantly through its clarity, cut, and kaleidoscopic hue of blue.

People will have the chance to see this beautiful, intricate cut and polished gemstone at the Natural History Museum of Los Angeles County beginning September 12.

The exhibit is scheduled to close in January and may be sold within a few days for tens of millions of dollars. The company has receieved a large amount of unsolicited of phone calls from potential buyers that have shown huge interest in obtaining the rare gemstone.

“You can’t describe that blue,” said Gomes, chief executive officer of diamond-cutting company Cora International LLC, “You just drown in it.”