The Rare 12-Carat Blue Moon Diamond

Once in a Blue Moon – Israel was an exciting station
in the journey of an amazing blue diamond

Ramat Gan, Israel – December 3, 2015: When a year and half ago, on occasion of the inaugural Rough Diamond Week in Israel, a 29.6-carat rough blue diamond went on display in the trading hall of the Israel Diamond Exchange (IDE), the excitement of having such a special stone showcased was palpable. The stone, which earlier had been bought by Ehud Laniado’s company Core International from diamond miner Petra Diamonds for some $26 million, was of an exceptionally rare vivid blue color.


Once in a Blue Moon – Israel was an exciting station
in the journey of an amazing blue diamond

Recalling the stone, IDE President Shmuel Schnitzer said that this rough diamond, with its “outstanding vivid blue with extraordinary saturation, tone and clarity, was the highlight of the inaugural Rough Diamond Week in Israel, last year!”

“It’s wonderful we had this extraordinary diamond on display, and to be able to view it from all possible angles. And then to know that, after it was displayed here, it was ultimately morphed into the magnificent 12.03 carat “Blue Moon” that was auctioned off recently for more than $148 million in Geneva! It is exciting that we could witness a piece of diamond history evolving from so close by!” Schnitzer added.
Suzette Gomes, CEO of Cora International, telling Bloomberg about the long process of cutting the stone