It is the ultimate diamond in the rough. And if you have to ask how much it costs, you can't afford it. A rare and flawless blue diamond has set a record as the most expensive precious jewel of its kind ever sold. The gem, which is 6.04 carats and sparkles with an unusual blue hue, is almost as breathtaking as the price it fetched at a Sotheby's auction in Hong Kong. It went for an astounding US$7.98 million, or about $US1.32 million per carat.
That easily surpassed the cost of the previous record holder known as "The Hancock Red", which fetched a "paltry" US$926,000 per carat in 1987.
That easily surpassed the cost of the previous record holder known as "The Hancock Red", which fetched a "paltry" US$926,000 per carat in 1987.
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