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The Record-Breaking Sale Of Bulgari’s Laguna Blu, The Most Valuable Gem Ever Sold

Updated on May 27, 2024

With over 40 years of expertise, Diamond Registry’s CEO and owner, Nissan Perla, is your trusted guide in the diamond-buying world. Recognized by prestigious publications like The Washington Post and Chicago Tribune, Nissan’s extensive knowledge and experience in evaluating, buying, and selling diamonds are unparalleled. Our commitment to integrity, transparency, and delivering exceptional value ensures that you make an informed decision when acquiring your timeless treasure. Choose Diamond Registry for personalized guidance, education, and a curated selection of the finest quality diamonds, backed by decades of industry expertise and dedication to your satisfaction.

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Published on March 4, 2024
Updated on May 27, 2024

Bulgari, the Italian luxury brand, is known for its exquisite designs and high-quality gems, including diamonds. One of its most famous diamonds, the Laguna Blu, recently sold for a staggering amount at auction, making it the most valuable gemstone ever sold. In this article, we will delve into the history of the Laguna Blu, its characteristics, and the details of the record-breaking sale.

What makes us your trusted partner

With over 40 years of expertise, Diamond Registry’s CEO and owner, Nissan Perla, is your trusted guide in the diamond-buying world. Recognized by prestigious publications like The Washington Post and Chicago Tribune, Nissan’s extensive knowledge and experience in evaluating, buying, and selling diamonds are unparalleled. Our commitment to integrity, transparency, and delivering exceptional value ensures that you make an informed decision when acquiring your timeless treasure. Choose Diamond Registry for personalized guidance, education, and a curated selection of the finest quality diamonds, backed by decades of industry expertise and dedication to your satisfaction.

History of the Laguna Blu:

The Laguna Blu diamond is a stunning blue diamond, with a weight of 8.08 carats. It was discovered in the late 20th century in Brazil, and it is considered one of the rarest diamonds in the world due to its unique color. The diamond was named “Laguna Blu” after the Italian translation for “blue lagoon.”

Characteristics of the Laguna Blu:

The Laguna Blu diamond is classified as a Type IIb diamond, which is a rare and coveted classification for diamonds. Type IIb diamonds are known for their lack of nitrogen, which results in their blue coloration. The Laguna Blu diamond has been graded as a VVS1 in clarity, which means that it has very few visible inclusions under 10x magnification. It is also said to have excellent symmetry and polish, making it a truly stunning diamond.

The Record-Breaking Sale:

In 2021, the Laguna Blu diamond was put up for auction by Bulgari in Geneva, Switzerland. The auction attracted bidders from all over the world, including some of the wealthiest collectors and investors. The bidding for the Laguna Blu lasted for just 15 minutes, during which time the price quickly climbed higher and higher. In the end, the diamond sold for a staggering $26.2 million, making it the most valuable gem ever sold at auction.

The Significance of the Sale:

The sale of the Laguna Blu diamond was a significant event in the world of diamonds and luxury goods. It set a new record for the most expensive gemstone ever sold, surpassing the previous record held by the Pink Star diamond, which sold for $71.2 million in 2017. The sale also cemented Bulgari’s position as one of the world’s leading luxury brands, known for its exceptional designs and high-quality gems.

Conclusion:

The sale of the Laguna Blu diamond was a remarkable event that captured the attention of the world. This stunning blue diamond, with its unique color and exceptional characteristics, has now become the most valuable gem ever sold. Its sale is a testament to the enduring appeal of diamonds and the continued demand for exceptional quality gems. The Laguna Blu diamond will go down in history as one of the most significant and beautiful diamonds ever discovered.

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Nissan, David and his team were extremely accommodating, understanding and patient with our purchase. They took the upmost care to find the best solution for our needs and went above and beyond normal ‘customer service’ standards. I have absolutely no qualms recommending their products and services. Both were absolutely flawless. I will continue to sing them praises and will most definitely purchase from them again in the future. Thank you again!
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Great team of diamond experts who show personal care for the client’s needs and aftersales service. They really go the extra mile to make it happen no matter the challenges ahead. Rush orders, international shipping, upgrade service, jewelry repair, large diamonds, small items, precious stones. Very honest and open information to the clients. You will feel like talking to a friend.
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Thom P.
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Bought a beautiful stone here for an engagement ring. I was a little apprehensive since you’re buying something unseen. But Cid made it easy. In fact, Nissan, the owner also gave a call to make me more comfortable. They sent me the stone to take to a local jeweler with only my Amex in case I bailed on them.
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