Over the river and through the woods, to Sotheby’s auction house we go… so goes the tale of the 10.10 carat, fancy vivid blue, internally flawless, oval shape diamond known as the “De Beers Millennium Jewel 4” which was once featured as one of twelve special millennium diamonds that were displayed at the London Millennium Dome in celebration of the millennial mile mark. The diamond is being featured at the Sotheby’s Magnificent Jewels and Jadeite spring sale, which will be held 5th of April in Hong Kong. This magnificent diamond will be on display in New York, London, Geneva, Singapore, Taipei, and Hong Kong between now and the start of the auction. Oh, how I would love to feast my eyes on this beauty! Ten carats of fancy vivid blue splendor! Yum, freaking yum. Sotheby’s estimates the auction value at somewhere between $30-35 million dollars. Can you imagine? You can bet that one little girl has her eyes fixed upon this diamond. Can you guess who?
I’ll give you a hint, I wrote about her father in the blog post Daddy Dearest, wherein I reveal that her father Joseph Lau has purchased more than $77 million in collectable fancy color diamonds in the last half year. He’s reputed to be a fugitive of the law, who just happens to own 61% of real estate holdings in China. Forbes magazine recently revealed that he has a net worth in excess of $13.3 billion.
While I seem to lack the presence of a crystal ball in my current collection of baubles, I’ve got a strong gut-feeling that good old “Daddy Dearest” will be the one who buys the De Beers Millennium Jewel 4 when it goes to auction on April 5th. And if he does, it will probably be promptly renamed something like “Josephine’s Millennium Blue” after his seven year old daughter. At least that’s what happened to the last few fancy color diamonds which he purchased in her name.
Photo credit: Sotheby’s, watch the full video there!