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Blue diamond sells for record US$50.6m

Recent spate of eye-popping bids at jewel auctions highlights surging value of gems

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The 14.62 carat Oppenheimer Blue is the largest stone in the exceptionally rare Fancy Vivid Blue category ever to go under the hammer.

Geneva

A DAZZLING blue diamond once owned by mining magnate Philip Oppenheimer fetched a record US$50.6 million at auction in Geneva on Wednesday, auction house Christie's said.

The 14.62 carat Oppenheimer Blue is the largest stone in the exceptionally rare Fancy Vivid Blue