Sotheby's Breaks Record with 9.75 carat Blue Diamond

                           © Sothebys

                       © Sothebys

On Nov. 20 a 9.75 ct fancy vivid blue pear-shaped diamond hit the auction block at Sotheby's New York. A frenzied 20 minute bidding war between seven people ensued ending with the stone fetching $3.3 million a carat ($32.6 million total), setting a new record for any diamond's per-carat price sold at auction. 
The price tops the 14.82 carat vivid orange sold by Christie's in Geneva which sold at $2.3 million a carat ($35.5 million total). The diamond has also set a record as the most expensive diamond ever, a spot previously held by the Wittlesbach-Gaff  sold in 2008.
The blue has been dubbed "The Zoe" by its current owner, A Hong Kong collector who remains anonymous.