Blue Magic Diamond

  The Blue Magic Diamond set has been described as “a magnificent Fancy Vivid blue diamond ring.” On June 19, 2001 the Gemological Institute of America bestowed its highest color grade honor on the Blue Magic Diamond by way of Certificate #11568233. The Institute stated that the diamond is fancy vivid blue, natural color, VVS2 clarity. The 12.02 carat blue diamond is set in an 18K white gold hoop flanked by two colorless baguettes.

The Gemological Institute of America rates diamonds of color from Faint to Very Light, Fancy, Fancy Intense, Fancy deep, to Fancy Vivid. The rating of Fancy Vivid identifies the Blue Magic Diamond as one with the richest color possible in diamonds of color. Also, the VVS2 clarity rating declares that the diamond is very, very, slightly included, meaning that any inclusions are so slight that experienced graders would have a difficult time detecting them using 10x magnification.

Natural blue diamonds are extremely rare. The pear-shaped Blue Magic Diamond is the largest blue diamond to be offered for sale at auction making it a highly rare and collectible gem. Out of its setting the Blue Magic Diamond measures 21 mm. The diamond was not sold at the last auction, though Christies was expecting it to bring anywhere from $5 to $6 million dollars. Christies also state that the diamond will not be offered for auction any time soon.