Hong Kong—A 5-carat fancy vivid blue diamond ring will be the highlight of Sotheby’s upcoming jewelry auction in Hong Kong.
Named the “Ai” diamond after the Chinese word for love, the stone is expected to sell for between $12.5 and $15.3 million when it hits the block next month.
It is the leading lot in Sotheby’s Hong Kong Magnificent Jewels and Jadeite jewelry sale, slated for Oct. 3 at the Hong Kong Convention and Exhibition Centre.