Rare Blue Diamond Gets Preview At Sotheby's
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Before going on the auction block in Geneva, one of the world's rarest diamonds was previewed Monday at Sotheby's.
The blue colored diamond is expected to fetch up to $8.5 million when it's auctioned off on May 12th.
The stone weighs a little more than seven carats and is slightly smaller than a dime.
Conditions required to form a colored diamond occur rarely in nature.
The blue diamond was cut from a nearly 27-carat diamond, discovered last year in a diamond mine in northeastern South Africa.
The buyer will also have the honor of naming the stone.