Premiere Blue, known as the world's largest and rarest round-cut diamond is generating a stir among millionaires, who are set to fetch bid more than Rs. 122 crore at an auction sale in Hong Kong at Sotheby's on October 7. The 7.59-carat round vivid blue diamond, is almost the size of shirt button, and is rarely used in colored diamonds due to high waste in the cutting process. But the rarity of the sale is expected to ignite a bidding war among East Asian collectors, who have been following it across the world right from London to Geneva, New York and Doha. In the meantime, luxury auctioneers Sotheby's have predicted a record sale of Rs. 122 crore for the exquisite gem, and is about to put it on sale at their Hong Kong store.
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